this is bbc news broadcasting in the uk and around the globe. i'm annita mcveigh and these are the latest headlines... president putin says the chinese leader xijinping has invited him to beijing, as the two men hold talks in moscow aimed at boosting ties. recent events have accelerated russia's dependency on training. kitchen and xi may speak about mutually beneficial cooperation but beijing looks increasingly like the senior partner —— putin. meanwhile the japanese prime minister makes a surprise visit to kyiv, promising unwavering support for ukraine. britain's biggest police force — is branded "institutionally racist, misogynist and homophobic" in a scathing new report which says it needs a complete overhaul

to restore public faith. the culture sadly in the met is all pervasive and the institutional racism, misogyny and homophobia is largely led by what their officers have said and what our own research has shown. todayis today is without a doubt one of the darkest _ today is without a doubt one of the darkest days in an almost 200—year—old met police service. european stock markets recover in early trading with shares in banks rallying — after moves to reassure investors following the takeover of credit suisse. barricades go up in new york in preparation for protests. a grand jury could make history by indicting former president donald trump over alleged hush money paid to a porn actress.

hello and welcome to bbc news. the chinese president xi jinping, who's in moscow, has described russia and china as "strategic partners" and "great neighbouring powers". on the second day of his visit, mr xi invited vladimir putin to visit beijing this year, and said he would make ties with moscow a priority. on friday, the international criminal court accused president putin of war crimes, and issued an arrest warrant. china does not recognise the court. from moscow, our russia editor steve rosenberg reports. just three days ago, vladimir putin was named as a war crime suspect by the international criminal court. but that didn't stop china's president flying in, shaking his hand. putin and xi have met many times before, but never before has russia's president been under such pressure. his war in ukraine not

going at all according to plan. xijinping called vladimir putin his "dear friend", his "strategic partner". the kremlin leader said they would discuss china's peace initiative. but there is no detailed chinese plan to end the war in ukraine. what moscow would like from beijing is lethal aid to help it win. beijing has been reluctant to provide that, to prevent secondary sanctions against chinese companies. but it has been supplying dual use technology like semiconductor chips that the russian military can use. the kremlin also wants to expand trade with china. with russia under heavy international sanctions, economic ties with beijing are proving a lifeline. if you burn bridges with the west, as vladimir putin has, what do you do then? you look east.

and that is exactly what the kremlin leader has done. recent events have accelerated russia's dependency on china. putin and xi may speak about hugely beneficial cooperation, but beijing looks increasingly like the senior partner. but moscow hasn'tjust partnered with beijing. last week, russia held joint naval exercises with china and iran. there are signs of the kremlin is looking to forge an anti—western alliance. putin is building his own block. he doesn't trust the west any more. he is looking for allies and trying to make russia part of a common fortress with china as well as with india, latin america and africa. putin is building his own anti—western world. now, with xijinping here, russia can claim that it's not isolated,

that moscow has powerful allies who view the world through a similar lens, that it doesn't need the west if it has friends in the east. but experience shows, china always puts china first. today, mr xi is holding talks with the russian prime minister, mikhail mishustin. steve rosenberg told us more about how the visit is being perceived by the russian public. you see the word friend in the headlines on a lot of the papers since both leaders address each other as dearfriends. since both leaders address each other as dear friends. earlier this week there was a little scepticism, some commentators saying the reality is that china will always defend its national interest first and put itself first, so, yes, you can talk about bromance, you can talk about a strategic partnership, deepening cooperation between russia and china, but people are open out here

and understand that china has its interests at heart first of all, and also there is an understanding that despite the talk of partnership and a no limits partnership, this is not a no limits partnership, this is not a partnership of equals any more. very much now china is the senior partner here, that russia is very dependent on china for diplomatic support, political support, and for economic support. russia needs chinese markets, since russia is under heavy international sanctions rain. earlier i spoke to our china correspondent stephen mcdonell. i began by asking him i think the problem for the chinese public, like much of the world, is they've been fed this line that china's peace plan for ukraine might work, and so now the pressure is on. it is an almost certainly

unrealistic expectation that xi jinping would go to moscow and somehow bring about a peace plan that is going to be under way from these talks there today. so what happens when he leaves moscow with no movement on the piece from and it is even worse because we have the surprise visit by japan's leader to ukraine today, invariably comparison is going to be so you can afford our owner so you can made about the two leaders, which which countries they decided handles pregnant to visit, what their priorities are, and there is talk of a call between xi jinping and volodymyr zelensky, suppose that even in the coming days, but until that happens this claim by basing that it is neutral, it is becoming increasingly hard for it to stand up, and some are suggesting that the peace plan is reallyjust a smoke screen which allows xi jinping to go to moscow to effectively bolster vladimir putin, to offer support for russia, mid invasion in a way that is palatable. what does he make of the return invite for president putin to china? obvious the protocol would dictate if someone is invited to one country

you see the word friend in the headlines on a lot of the papers since both leaders address each other as dearfriends. earlier this week there was a little scepticism, some commentators saying the reality is that china will always defend its national interest first and put itself first, so, yes, you can talk about bromance, you can talk about a strategic partnership, deepening cooperation between russia and what does he make of the return invite for president putin to china? obvious the protocol would dictate if someone is invited to one country and a state visit that you would then invite that country's leader backs, but it is a delicate calculation, isn't it, for china, depending on how the war in ukraine unfolds? absolutely and i think the china is relying way too heavily on this peace plan. i think beijing considers that it commits —— can fit convince some people and people around the world that it is natural, but vladimir putin was here at the winter olympics weeks before the invasion in the areas sitting

in the stadium with xi jinping and people here are wondering whether. .. he is going to launch the war, did he mention anything about it? he held out until the winter olympics had finished in order to attack ukraine. now we have this return visit coming, so of course relations are building there. if it was not for the war in ukraine, it would make perfect sense for these countries to be having such visits, of course their neighbours and have significant trade conserves was one another. the point is, in the face of sanctions, and is propping up russia, has increased imports of other goods to help russia at the same and it is under pressure from global sanctions. more and more isolated and yet there is xi jinping and there is china lending a hand and in certain parts of the world does not look good.

japan's prime minister, fumio kishida, is making an unannounced visit to ukraine, where he'll meet president zelensky in kyiv. the japanese foreign ministry said mr kishida wanted to show his respect for the courage of the people of ukraine, following russia's invasion last year. it's the first time since the second world war that a japanese prime minister has visited a war zone. over recent years, tokyo has become more willing to play a role in major international disputes. ourjapan correspondent, shaimaa khalil, has more on the significance of the trip. if you need any real time, in real time demonstration of how the war in ukraine is echoed here in the indo pacific, just look at where those two leaders decided to be on the same day. xijinping is in russia, fumio kishida is in ukraine. japan's leader is promising unwavering support to ukraine's president volodymyr zelensky, talking reconstruction, humanitarian aid. xijinping has been described

by vladimir putin as a friend and a partner, and while china may say it is neutral, the way it's acting, the message it is sending, put that peace deal aside because we don't have any details, it is looking more muscle leading... this japan visits crucial and overdue, the first time a japanese leader has visited a country while war is under way, while work continues, and this is why he has delayed that visit, this is why this has been a surprise visit, has not been announced until fumio kishida's rival in ukraine for sub it is very unusual for a japanese leader to visit a foreign state without announcing first for the show so there security concerns and shows you how important it is for the japanese leader to be on the ground in ukraine while this is happening.

he has been under a lot of pressure from his own party, the ruling party, to make an appearance in ukraine before he presides over the g7 summit in hiroshima this may. until today, fumio kishida has been the only g7 leader not to have visited ukraine and he wanted to change that, forjapan�*s standing in the world but also to reassure their strategic ally the united states, who was watching this closely, where they stand on that conflict. tell us more about what japan is promising by way of aid to ukraine? japan can't promise military aid, it is a pacifist country, in the constitution, but they are saying they are fully committed to supporting ukraine, fully supported to the reconstruction, the rebuilding plans, and humanitarian aid. this visit has been a long time coming, president zelensky had invited prime minister fumio kishida when he joined the g7 phone call

a couple of weeks ago. it also shows, again, before japan hosts the g7 summit, that it is fully committed, is involved in what's happening in ukraine. it can provide military support, yes, but it has other means of support, whether humanitarian or reconstruction or rebuilding. here in the uk, a scathing review of britain's largest police force, london's metropolitan police, has found it to be institutionally racist, misogynistic and homophobic. the report's author, baronness casey, said many londoners had lost faith in the metropolitan police — and the force could be broken up if it didn't change. our special correspondent lucy manning has more. let's remember how all this began. sarah everard walking home — kidnapped, raped and murdered by a met police officer. it shocked then and this

report is frightening. a force that is broken, failing. there is, without doubt, a discriminatory culture right across the metropolitan police. and i think that institutional racism, institutional sexism, institutional misogyny and homophobia are definitely present across the organisation. we think the met is not able to assure all of us that its officers are of sufficient integrity and standards to be serving police officers, so it needs to clean itself up. the met has lost the consent to police, the report believes. it can't protect its own female gay and minority ethnic staff and it can't provide adequate policing for these groups when they're victims of crime. for too long, the met has had predatory officers and a culture of denial about the scale

of its problems. the details set out in this report of a broken force are frankly horrific. rape evidence that had to be discarded because the fridges in police stations didn't work. a sikh officer who had his beard cut by colleagues, a muslim officer, who found bacon in his boots and female officers routinely targeted and humiliated by their male counterparts. couzens and carrick, the met�*s murderer and its rapist. baroness casey clear those who have the powers to search, arrest and detain need to have the trust and confidence of those they police. so this needs to be a landmark moment.

the commissioner of the met apologetic, promising change, but not accepting every word of the report, despite baroness casey's plea to do so. it's disturbing. it's upsetting. it's heartbreaking. i apologise to those who've suffered as a consequence. do you accept baroness casey's findings that the force is institutionally racist, institutionally misogynistic and institutionally homophobic? i accept her diagnosis about the racism, misogyny, homophobia in the organisation, and also that we have these systemic failings, management failings and culturalfailings. i understand her use of the term institutional. it's not a term i use myself. shabnam chaudhri was a detective superintendent in the met and lived through some of the racism the review highlights. there were officers that were outrightly racist towards me and then there were those that had the banter. but there was a particular officer, for example, who whenever i was out of the room, referred to me as the p, with the p word, and it's only my colleagues that actually told me. she believes the met must change from the top to the bottom. my message to sir mark rowley is implement your systems and processes, ensure that your leadership is strong, ensure that leadership

is supported at every level. ensure that those who want to whistle blow can speak out, so that you can root out the dirty, rotten apples that sit within your organisation that have a huge detrimental impact on trust and confidence. reports have come, commissioners have gone and still the met hasn't changed. the warning is this is its last chance. if it doesn't, it could face being broken up. for too long, it has failed too many — the very people who need protecting. victims of crime. black and asian communities, women and children. people just walking home. lucy manning, bbc news. the mother of the black teenager stephen lawrence, who was murdered in east london 30 years ago, says the force needs changing from top to bottom. dame doreen lawrence, who has been campaigning for social justice since stephen was killed in a racist attack in 1993, says the casey report echoes

a similar report commissioned following her son's death, which branded the force institutionally racist 2a years ago. in a statement, she says: "it is not, and has never been, a case of a few �*bad apples' within the metropolitan police. it is rotten to the core." she goes on... "..the force has had almost 30 years to put its house in order. it has not done so..." and adds ":..a lot of people will feel, like me, that enough is enough and change is needed. and needed now." our special correspondent lucy manning is with me now. when she talks about the force having almost 30 years to put its house in order, she says she has not done so either because it does not want to or does not know how to. fix, want to or does not know how to. a lot of people will be asking how can they have faith if the forces had all this time to bring about change and has not done so and how they can faith it ever will change? i

and has not done so and how they can faith it ever will change?— faith it ever will change? i think that's right. _ faith it ever will change? i think that's right, we _ faith it ever will change? i think that's right, we had _ faith it ever will change? i think that's right, we had report - faith it ever will change? i think that's right, we had report after report, apology after apology, we heard one again today from sir mark rowley and those who have been affected say nothing has changed and if nothing has changed since stephen lawrence, is anything going to change since sarah everard? baroness casey was quite clear that the kidnap and rape and murder of sarah everard should have been the most defining moment for the met, as if she describes it as if a plane filled out the sky, she said that did not happen. and it has taken this report to really lay bare so many different areas, but the question at the end of it is well anything change? and she says wholesale change needs to happen, the met cannot cherry pick bits of this report, and we are starting to see a little bit of that happening because as you saw in that report, sir mark rowley will not accept the issue, they label he says of

institutional discrimination, he says there is discrimination in the forest, yes it is systemic, but that level of institutional discrimination has become a politicised term. in baroness lawrence's statement she is quite clear the this cremation is institutional.— clear the this cremation is institutional. ., , ., ., ., institutional. how strange going to come about _ institutional. how strange going to come about and _ institutional. how strange going to come about and be _ institutional. how strange going to come about and be measured - institutional. how strange going to come about and be measured with| institutional. how strange going to i come about and be measured with xi jinping and spoke to the chair of the home affairs select committee earlier she said she was uncomfortable with the idea may take as much as two years. we have to see differences, changes in months, she says. i differences, changes in months, she sa s. ~' . ~' . says. i think it will take much loner says. i think it will take much longerthan _ says. i think it will take much longer than two _ says. i think it will take much longer than two years. - says. i think it will take much longer than two years. sir - says. i think it will take much l longer than two years. sir mark rowley has promised it will change month after month and quarter after quarter, but this isn't... the problems lay bare in this report are some vast and so deep and so intrinsic that it is going to take a lot of time. there are recommendations in the report that the diplomatic unit should be disbanded, there should be more

focus on violence against women, more oversight so the met is checked better than she is at the moment and the met does have its own plan, but it needs the buy in of every single officer in the met and what louise casey found is that there has been this institutional defensiveness where they don't want to accept there are problems, it is everyone else's fall comedy cuts to funding, the media's for comedy politician's fault, it never seems to be the met�*s fault, so will there be change? she hope so, i think anyone thatis change? she hope so, i think anyone that is pleased by the met hope so, sir mark rowley wants to change, but whether him and his senior team can move this enormous organisation, well, it has not happened yet. an well, it has not happened yet. an enormous organisation, so it is there any significant currency to there any significant currency to the idea of the met could be broken up the idea of the met could be broken up or some of its functions separated off to allow the met to

focus on that core job of policing london for londoners? baroness casey does address — london for londoners? baroness casey does address this _ london for londoners? baroness casey does address this in _ london for londoners? baroness casey does address this in her _ london for londoners? baroness casey does address this in her report - london for londoners? baroness casey does address this in her report and - does address this in her report and she says if the met fails to change this time, this is essentially their last chance, then you do need to look at breaking up the met, but i think baroness casey and sir mark rowley are worried about that because big organisational change sometimes it's very difficult to do in it means you cannot concentrate on the actual proper changes that are needed because you are needed because you're too busy changing the organisation, but i think that is on the table, and if the progress isn't there, i think that could be something that is looked at further. she is certainly warning the met that that might have to happen. the london mayor sadiq khan said it's the darkest day in the met�*s history.

i asked for this independently pew two review because i was worried about _ two review because i was worried about scandals in relation to the police _ about scandals in relation to the police service was that today is without — police service was that today is without a — police service was that today is without a doubt one of the darkest days in _ without a doubt one of the darkest days in the — without a doubt one of the darkest days in the history of almost 200—year—old met police service but it is incredibly important to probably properly read and consider these _ probably properly read and consider these findings. she has found the met police to be institutional races. — met police to be institutional races, institutional misogynist, institutionally homophobic. it would be bad _ institutionally homophobic. it would be bad enough if the service ordinary— be bad enough if the service ordinary citizens who are members of the lesbian. — ordinary citizens who are members of the lesbian, bi, gay community, minorities, — the lesbian, bi, gay community, minorities, two police officers were black. _ minorities, two police officers were black, asian, minority ethnic, police — black, asian, minority ethnic, police officers who are women, who are gay, _ police officers who are women, who are gay, have received in full

service — are gay, have received in full service as _ are gay, have received in full service as well, so it's incredibly important — service as well, so it's incredibly important for us to make sure there is an— important for us to make sure there is an overhaul, a root and branch reform _ is an overhaul, a root and branch reform of— is an overhaul, a root and branch reform of our police service. i'm joined now by unmesh desai, a labour member of the london assembly and deputy chair of the police and crime committee. let me get your broad reaction to the report. is there anything in there that surprises you? hill good morning. i would say that they met, according to baroness casey, has also been found guilty of being institutionally corrupt, apart from being especially racist, sexist, and homophobic, and i am shocked by these findings. we knew there were serious issues, there have been many, but the scale and depth of the problem is truly shocking, and there is a lot of work for the head

office. i must say, that issue for me has been one of self—denial for the past few years since i've been on the committee at city hall and i have consistently raised these issues and we accept there are a few bad apples are there issues but not the scale of the problem and the self—denial has been what has left is where we are today, how does the met begin to tackle this, how do you change a country and how much of thatis you change a country and how much of that is related to the vetting of staff, both existing staff and those who would want to join the force? well, vetting and checking procedures have to be much more robust and have to be more ongoing. let's look at the fundamental issues here. for me, the starting point has

got to be, the commission has got to accept the findings of casey in totality, notjust accept accept the findings of casey in totality, not just accept what he likes and doesn't. he totality, notjust accept what he likes and doesn't.— totality, notjust accept what he likes and doesn't. he doesn't accept the word institutional. _ likes and doesn't. he doesn't accept the word institutional. if— likes and doesn't. he doesn't accept the word institutional. if we - likes and doesn't. he doesn't accept the word institutional. if we don't i the word institutional. if we don't acce -t the the word institutional. if we don't accept the nature _ the word institutional. if we don't accept the nature of _ the word institutional. if we don't accept the nature of the - the word institutional. if we don't| accept the nature of the problem, the issues, then how are you going to come up with solutions? the commission has got off to a good start and i'm pleased with some of the work he has been doing that we've got to look at things in terms of recruitment, diversity, women, black and ethnic minority officers, retaining them as important, regular checking, training of officers, operational practices of where the police interact with london's diverse communities, and community engagement which is sadly lacking in london. ., ,. , ., engagement which is sadly lacking in london. ., ,. , ~ london. how sceptical do you think londoners are _ london. how sceptical do you think londoners are about _ london. how sceptical do you think londoners are about the _ london. how sceptical do you think londoners are about the met's - londoners are about the met's ability to reform itself?-

ability to reform itself? well, oinion. ability to reform itself? well, opinion. shown _ ability to reform itself? well, opinion. shown that - ability to reform itself? well, opinion. shown that less - ability to reform itself? well, j opinion. shown that less than ability to reform itself? well, - opinion. shown that less than 5096, opinion. shown that less than 50%, around 50% of londoners only have confidence in the place, that is not acceptable. in this country, we police by consent and the met is about to carry communities with them, so we have to face up to challenges, the met is literally in the last two now reform, do or die, and if it doesn't, they will be many structural and institutional problems that will lead to their conclusion. i hope the met does get it self together, there are a lot of good officers out there, but we cannot ignore the scale and depth of the problems posed by baroness casey's review.— the problems posed by baroness case 's review. ., ,, , ., , . casey's review. thank you very much for our casey's review. thank you very much for yourtime- _ police in cities across

the united states are preparing for potential unrest, should former president donald trump be arrested this week. authorities in washington, new york and los angeles are ramping up their police presence, amid expectations that a manhattan prosecutor will charge donald trump over claims that he paid a pawn star to keep quiet about their alleged affair. david willis reports. donald trump had raised the possibility of being criminally charged today and indeed law enforcement officials have been placed on high alert, both in washington, dc here, and in new york, but it seems they may all have got ahead of themselves somewhat, because even though the grand jury, which has been looking into allegations against donald trump is completing, or has completed its inquiries, cable news networks here are reporting that if there is to be a court appearance it won't be until next week at the earliest. and cbs news, our partner network here in the united states, is saying that there will be no

indictment today on a tuesday. as for what form that would take, well of course, donald trump would be the first former president in american history to face criminal charges, but the procedure reportedly very similar to that of any normal defendant, in the sense that prosecutors would arrange with his lawyers a suitable time and date for him to be brought to court to be surrendered for his fingerprints to be taken, for him to be photographed and for him to then be released on bail pending an appearance in court. as for what the manhattan district attorney is possibly going to charge donald trump with, well, we don't know. what we do know is that he has been investigating claims related to so—called hush money payments to the pornography star stormy daniels made just before the 2017 presidential election, allegedly to buy her silence. and it is thought that they are pursuing perhaps allegations that they could have been in conflict with so—called election campaign finance laws. mr trump is under investigation in otherjurisdictions for other alleged crimes, all of which are potentially more serious than this one. but he and his allies and the republican party have taken aim on social media with the manhattan district attorney alvin bragg,

calling him a politically motivated prosecutor, and mr trump has called on his supporters to protest, hence the new york police department will have offices fanned out around the courthouse in lower manhattan later todayjust in case there is any sign of trouble. but it does appear that mr trump himself will not be present. that was david willis reporting. cbs news correspondentjarred hill joins me from outside the manhattan criminal court in new york. can you bring us up to date with what lawyers are saying about the case? , , ., .,

what lawyers are saying about the case? , ,., ., what lawyers are saying about the case? , , ., ., ., case? this is one of those where at this oint case? this is one of those where at this point again _ case? this is one of those where at this point again we _ case? this is one of those where at this point again we are _ case? this is one of those where at this point again we are waiting - case? this is one of those where at this point again we are waiting to l this point again we are waiting to see whether there is an indictment and when that does come up. yesterday we saw potentially one of the final witnesses in this case, an ally of former president trump, someone here to discredit the key witness in all of this, that is michael cohen, the fixer, so—called, fourformer president michael cohen, the fixer, so—called, four former president trump, the individual who actually signed the cheque to stormy daniels, considered to be that hush money payment. again, at this point, this is the big question, if and when there will be an indictment that comes in from this one and we are now waiting for the grand jury to make that decision. the grand “my to make that decision. , the grand 'ury to make that decision.— the grand “my to make that decision. , ., ., decision. tell us more about the security preparations _ decision. tell us more about the security preparations pending i decision. tell us more about the | security preparations pending this decision. how worried are police about potential unrest?- about potential unrest? there is reall , about potential unrest? there is really. ever— about potential unrest? there is really, ever since _ about potential unrest? there is really, ever since january - about potential unrest? there is really, ever since january six, i about potential unrest? there is really, ever since january six, a | really, ever since january six, a significant concern that anything dealing with the former president

could turn into a large scale protest, whether it's local or if it is something that pops up nationally in a number of different parts of the united states. so there are barricades all around this building. here at the district attorneyoffice centre the courthouse in lower manhattan. a similar situation around the us capitol in washington, dc. and there is a conversation happening among law enforcement officials, from federal to state to local, trying to monitor any conversations happening online. some of these online spaces are where these individuals are really watching to see if there is chatter about potential unrest coming up. so there is a concern. right now again it has been really quiet over the past day or so. ads, it has been really quiet over the past day or so-_ past day or so. a lot of conversation _ past day or so. a lot of conversation about i past day or so. a lot of| conversation about how past day or so. a lot of i conversation about how this past day or so. a lot of _ conversation about how this might affect donald trump's ambitions to return to the white house. how are republicans, other members of the republicans, other members of the republican party positioning themselves in relation to donald trump because of all of this? it

themselves in relation to donald trump because of all of this? it has been interesting _ trump because of all of this? it has been interesting to _ trump because of all of this? it has been interesting to watch _ trump because of all of this? it is; been interesting to watch because they are trying to tow a fine line between supporting former president trump from the standpoint of saying this is a political, politically motivated investigation against him, against a republican, against a conservative. but also trying to distance themselves from former president trump. yesterday ron desantis, the governor of florida, said again this is a politically motivated investigation but also said essentially he doesn't know anything about what goes into making hush money payments at women claiming to have an affair with him. so trying to showcase that there is a difference between them and some of the circus that has surrounded former president trump but also really allying with trump supporters and potential people who would vote for president trump, trying to get them or at least keep them onside

potentially as well.— potentially as well. jarred hill, cbs news _ potentially as well. jarred hill, cbs news correspondent i potentially as well. jarred hill, cbs news correspondent in i potentially as well. jarred hill, i cbs news correspondent in new potentially as well. jarred hill, - cbs news correspondent in new york, thank you. european banking shares are rallying this morning, after days of turmoil on the stock markets. central bankers and politicians have moved to reassure investors following the takeover of credit suisse at the weekend. the fears over the banking sector in europe and america have revived memories of the great financial crisis of 2008. but mark yallop, the former uk ceo of ubs and current chair of the financial markets standards board, said today's problems bore no relation to that period. he gave us his assessment of the markets today. markets were volatile and nervous ahead of the weekend, so it's not surprising that yesterday there was considerable down and up movement in share prices. this morning, things look generally much more optimistic, broader share indices across europe and the uk are up i.5%, banking shares up 4% or a bit more than 4% for the major banks

in europe, and ubs's share price when i last looked was a bit 4.5% higher today than it closed last night, so broadly an encouraging start i would say to markets this morning. as you mention you're a former ceo of ubs, the bank that has taken over credit suisse. how does an organisation that ubs absorb a bank like credit suisse that had a history andn quite a variety of issues leading to this run on the bank? how does a bank like ubs take over another bank without absorbing some of that risk? you're right, ubs has spent much of the past decade trying to rid itself of its own risky reputation. remember, it was rescued by the swiss government in 2008, but it has done a very good job

of cleaning up and de—risking its business in the past decade and it will want to do exactly the same to the credit suisse business, which is why i expect to see a very material downsizing of the investment bank and the riskier parts of their lending portfolios. there are some very attractive parts of the credit suisse franchise, its domestic retail business in switzerland, its worldwide wealth management business and its global asset management business and i think ubs will want to integrate those and support and grow them with its own wealth management and asset management businesses, but the riskier elements of credit suisse's portfolio will have to be shut down i imagine relatively quickly once

the deal has closed. we explored the question of does this remind you of the 2008 financial crisis with lots of commentators yesterday but i think it's important to continue asking that question today because of the huge impact that crash had in so many areas of people's lives, so i wonder what your thoughts are on any comparisons? i will repeat what i said yesterday, which is that i think this is completely unlike 2008. there are no significant points of comparison between the global financial crisis and what happened this last weekend. today, banks generally have got three, three and a half, four times more capital than they had back then. a lot more liquidity, banks are much less interconnected

with each other so the system, the banking system is much less complex than it was in 2008. so the general public, sorry to interrupt, the general public should be assured, should they that this will not have huge adverse effects on things like their mortgages, for example? no, this is not a repeat. this is not a repeat of 2008. there have been protests in french cities in response to the government's narrow victory in a confidence vote over its pension reform plan. in paris, protesters set fire to bins and piles of rubbish; police responded with tear gas. more than 100 people were arrested. tear gas was also fired in lille and bordeaux. the confidence vote in parliament was much closer than expected — only nine short of the number needed to bring down the government. it followed a decision by president macron's administration last week to force through a rise in the pension age by two years without final parliamentary approval. sofia bettiza reports.

another day of protests in the streets of paris and across france. from lille to bordeaux to marseille. some demonstrators lit fires and clashed with police, who responded by firing tear gas. this all came immediately after the french government's survived a vote of no—confidence. but the vote was much than expected. translation: we only needed nine . more votes for this motion of no l confidence to break this government and its reform. this government is already dead in the eyes of the french people. it no longer has legitimacy. and mps made it very clear that they think the president is finished. but monday's vote means that macron did succeed

in turning his pension reform into law. a reform that french people have been striking against four months. been striking against for months. but in the last few days, things have escalated. hundreds of people have been arrested and that's because many feel that macron acted undemocratically, bypassing parliament to push through a reform that is deeply unpopular and that critics say will place an unfair burden on lower earners, women and people doing physically wearing jobs. translation: we've been abandoned, we've been ignored. _ this government doesn't care about us. it mocks us. macron says that raising the retirement age from 62 to 64 is necessary, as france is at the very low end of the retirement age compared to other european countries. and that is not sustainable.

but the anger that many french people feel is not going away. and with more strikes planned for thursday, more protests are likely to come. sofia bettiza, bbc news. moscow says it's investigating a blast in the russian—annexed territory of crimea, where ukraine says it destroyed a consignment of russian cruise missiles. the defence ministry in kyiv said the explosion took place as the weapons were being moved by train. russian state media said one person had been injured. unverified video footage said to be from the area shows a single blast, followed by fiery orange flames. a russian—backed official said the town had come under attack from a drone. police in hong kong have again arrested a veteran pro—democracy politician who was granted bail last august for medical treatment. albert ho, who's 71, is reported to have been handcuffed

and led away from his home. one report quoted a police source as saying he was detained for alleged interference with witnesses. he'd previously spent more than a year in detention on a subversion charge. mr ho is one of numerous high—profile figures to be charged under hong kong's national security law, which beijing imposed three years ago. mr ho once led the city's largest opposition group, the democratic party. the sri lankan president says a loan approved by the international monetary fund means the country is no longer deemed bankrupt by the world. rani wickremesinghe said the $2.9 billion loan facility served as an assurance from the international community that sri lanka had the capacity to restructure its debt. the country is expected to get the first $330 million tranche of the bailout in the coming days. the imf loan will enable colombo to approach other lenders for additional financial assistance to revive the economy.

sri lanka faced its worst economic crisis last year after it ran out of foreign currency reserves forcing it to restrict the import of food and fuel, triggering massive protests. now they have a lifeline in this bailout, but as our india business correspondent archana shukla reports, it comes with conditions. the biggest condition is that the government boost their revenue collection mechanism, which means the revenues for the government has to be boosted so there are enough reserves for the government to import essentials. it is an import—dependent country. and for that, tough austerity measures like raising taxes, cutting subsidies on fuel and electricity are some of the immediate ones the government has already stepped ahead with. the other big condition is to get all the foreign as well as bilateral as well as private creditors to come on the same table and discuss restructuring of this massive $50 billion loan book sri lanka has on which it defaulted last year

and was then termed bankrupt. now the loans are coming in, sri lanka is looking to raise fresh funds from other bilateral and multilateral organisations like the world bank and adb and get more funds in. but large public sector units have to be restructured, they are very massive and have to be made lean. also policies to deal with corruption within the political and government system are some of the conditions that the imf has put. what will this bailout mean for ordinary sri lankan people? over the last one year, a lot of business activity and economic activity that affects businesses and regular people was stalled and the money coming in will actually push some bit of that on the track. with better reserves, the government will be able to import essentials. a lot of import restrictions that are currently on will be slowly

released, which means shortages will be eased on the ground, which is one of the bigger reasons why we have seen a soaring cost of living in sri lanka. even now inflation is at 50% so everything from your milk and eggs to clothes or even footwear you buy is extremely expensive. so some of the cost pressures there will ease and prices will come down. businesses will find it easier to borrow money because there will be reserves from the central bank so interest rates, when inflation comes down, interest rates can also be brought down and it will make it easier for businesses to borrow and then go ahead with their operations. with all of this, while there are tax hikes and subsidy cuts that have made things even expensive right now, so life is not becoming simpler and easierjust on day one of the imf loan. it will take a couple of months for things to get better. the family of the head

teacher ruth perry, who took her own life after an ofsted inspection at her school, have called the system punitive — and said some of the findings were sensationalist and deeply hurtful. the caversham primary school at reading in berkshire was downgraded from outstanding to inadequate. ofsted said it deeply regretted what it called the headteacher�*s tragic death. aru na iyengar reports. ruth perry, headteacher of caversham primary in reading, described the ofsted inspection in november as the worst day of her life. her family says she was under intolerable pressure when she was told the school was rated inadequate. this one—word judgement was just destroying 32 years of her vocation. education was her vocation. now unions and school leaders are asking for changes. dr mary bousted from the national education union said ofsted should pause its inspections and reflect upon the unmanageable and counter—productive stress they cause for school leaders

and the impact on leaders. one executive head teacher at a nearby school said she refused entry to ofsted inspectors and called on parents to show support. but that visit will now go ahead this morning. while schools do need to be monitored, i think that something does need to be looked into this and perhaps changes do need to be made where there's a bit less pressure kind of put on schools. you have got to stand up and be counted, don't you? otherwise, people... that's how change happens. matthew purves, ofsted's regional directorfor the south east, said... a petition calling for changes to the inspection system has so far gathered more than 90,000 signatures. the department for education said inspections are hugely important, as they hold schools to account

for their educational standards. caversham primary�*s report is yet to be published on the ofsted website. meanwhile, the school is grieving for its head teacher. aruna iyengar, bbc news. new research shows that people in some parts of the country are three times more likely to need emergency treatment for lung conditions such as asthma. about one in eight deaths in the uk are caused by chronic lung disease, making it the third largest killer behind cancer and heart disease. our reporterjim reed has been to see how one hospital is reducing admissions. amy was just the centre of our family. she was just full of life, really. and she was only 22. she was just lovely. she had a heart of gold. joanne's daughter, amy, had lived with severe asthma all her life. the young mum always carried

an inhaler and shielded at home through the pandemic. it's just breathing. it's something that everyone takes for granted. and, at times, amy could notjust breathe. i didn't want to come in. then in october, amy collapsed in the middle of the night. she couldn't breathe. an ambulance was called. they started her heart again. and then they took her to wigan royal infirmary. lots of people came into the room, into the family room and said that her brain had been starved of oxygen during the asthma attack. i actually feel sick as if i'm going in to get my results. and then i had to come home and, on the friday night after school, and tell bailey that his mummy had died, which was just the worst thing i've ever had to do. the number of people like amy

losing their lives to asthma has risen by a third in a decade, with the uk recording some of the highest rates in europe. i never thought that in this day and age that anyone would die of asthma because i thought that there would be lots of things that people could do to stop it happening. but i was wrong. new research shows the impact of asthma and other lung conditions does though depend on where in the uk you live. in parts of the north west of england, for example, hospital admissions and deaths are among the highest in the country. in places, double or even triple the rates seen in parts of london and the south east. the stark inequality we see is... patient groups say much more has to be done to close that gap. we need to make sure

that we are dealing with the underlying causes of ill health by tackling air pollution and smoking rates and poor quality housing, but also making sure we're treating and supporting people to live well with the lung condition in order that we avoid these hospital admissions. olaf schneider was born in germany but now lives near glasgow. a former lorry driver, he's been diagnosed with another common lung condition, copd. out of the blue, i got the feeling, oh, i can't breathe. and it's like somebody puts steel around your chest and you can't breathe any more. it's very, very hard. i'm very limited with my moving about. so, for example, when i come from the car inside, that is about ten metres and i have to sit down and catch my breath back.

but olaf's now on a new scheme meant to keep him in his own home. every day he logs his symptoms, which can be recorded along with data from a fitness tracker and home breathing equipment. he can message directly over this app. all this data can then be analysed by his doctors. we can see the trends in that data. here, for instance, a flare up and then an improvement. the idea is to reduce hospital treatment. copd alone is now the second most common reason for an admission. a large proportion of these patients do not need to come to hospital. we now have the technology, the tools, the data to provide all the care that they require at home safely. if you look at the prevalence of copd in the uk and globally, we'd be projected to be spending over 40 billion within the next 20 to 30 years per year. we cannot afford that. lung disease costs the nhs billions. new ideas, new projects,

new targets on pollution and smoking should make a difference. but doctors say more still needs to be done to improve and save thousands of lives. jim reed, bbc news. a german brewery has come up with a new product that it says could change the entire alcohol market and be good for the planet at the same time. wendy urquhart has the story. imagine if you fancied a glass of beer — instead of opening the fridge or going to the pub, you could just open a packet, sprinkle powder into a glass of water, spritz it up a bit and chill with a glass of lager. a german brewery has invented a beer powder that tastes like the real thing, and there are big plans for the future. translation: the special thing i is that we actually managed to turn this beer powder into a currently alcohol free, one—to—one, normal monastery beer with the help of normal water.

it tastes like a pilsner, and later it will taste like a bock beer. we want to make virtually everything in powderform. we want the complete beer taste, but we want to add the carbon dioxide in powderform and the alcohol in powder form. and of course, it's absolutely fascinating that we have succeeded for the first time worldwide. stefan says it will be very easy for breweries to add the powder beer to water at bottle plants, and points out that they'll not only make huge savings on beer export transport costs, it will massively reduce the industry's carbon footprint. translation: we've calculated that in regards to germany, _ we can reduce co2 emissions by 3—5%. and looking globally, that will be about half the co2 emissions on the planet. of course, it's not much at first, but worldwide, it's a gigantic amount.

stefan has been researching powder beer for the last two years and he's confident that it will be market—ready by the end of this year, providing it passes all the necessary tests. if it does, perhaps we'll see powder versions of other drinks like vodka, gin and whisky in the future, too. but the biggest test will be convincing the beer and spirit aficionados. wendy urquhart, bbc news. the white house has been hosting the cast of sporting comedy show, ted lasso. it's easier said than done but we also have to know we shouldn't be afraid to ask for help ourselves. president biden invited jason sudeikis to discuss mental health. it's a subject the show has addressed directly. in the most recent season, the lead character seeks therapy to address anxiety, and the collapse of his marriage. before the meeting, president biden tweeted a picture

of a "believe" sign, taped to the entrance of the oval office — a homage to ted's office door in the tv series. you're watching bbc news. a little bit more sunshine out there today on what has been a pretty wet month so far especially for some in eastern england. cambridge for instance is currently heading towards its wettest march on record. we have already seen over 2.5 times its normal march rainfall, contrasted with lerwick in shetland where we have onlyjust seen barely over a third of the rain. however, this will be one of the wettest spots for the rest of the day, sitting under this zone of cloud. most are in the gap between that cloud and what will come in later this afternoon and tonight. that's already approaching northern ireland as we head into the afternoon, it will turn wetter here by the time we finish the afternoon and hit the evening. rain easing eventually from shetland but in between sunshine and

showers. lines of showers from the south—west to the north of london, some through the north midlands and a view through northern england mean some of you will see more showers than others. one or two staying dry this afternoon to stop a brisk south—westerly wind, not desperately strong at this stage but it's a very mild one. 15 degrees possible in eastern scotland. 15 or 16 possible through central and eastern england, significantly above where we should be. we finished the day with rain in northern ireland, that this evening quickly spreading across scotland, wales, north and west england, and all parts will see rain at times overnight. lingering in the morning and east anglia, south—east england. elsewhere clear skies developing and i'll start of the day because of the pictures were going to wednesday, the more persistent overnight rain clearing and the strong wind we will see on the southern flank of this low, especially the further north you are, 60—70 mph gusts possible with lively showers working across scotland during the course of the morning and early afternoon. persistent wrinkling from northern shetland. staying cloudy and drizzly

all day long to the east of the english channel but elsewhere some sunshine, and a few passing, maybe heavy thundery showers but for all a windy day and because see widespread gales across the country. still coming from a south—westerly direction so still pretty mild for much but feeling cooler than today given the strength of the wind. stays windy through the night and into thursday. we could see an area of more persistent rain workup from france towards east anglia and the south—east later in the day. could get close to the midlands will stop either way, lots of showers across england and wales, heavy thundery. fewer showers for scotland and northern ireland. temperature remaining on the higher side but this weekend it will turn a bit cooler and eventually a bit drier again.

this is bbc news. welcome if you're watching here in the uk or around the globe. i'm geeta guru—murthy. our top stories... president putin says the chinese leader xijinping has invited him to beijing as the two men hold talks in moscow aimed at boosting ties. recent events have accelerated russia's dependency on beijing. putin and xi may speak about mutually beneficial cooperation, but beijing looks increasingly like the senior partner. britain's biggest police force is branded "institutionally racist, misogynist and homophobic" in a scathing new report which says it needs a complete overhaul to restore public faith. the culture sadly in the met is all pervasive

and the institutional racism, misogyny and homophobia is largely led by what their officers have said and what our own research has shown. i understand the label institutional is used _ i understand the label institutional is used by— i understand the label institutional is used by some people. i don't use that is used by some people. idon't use that iabet— is used by some people. i don't use that label myself, simply because it means— that label myself, simply because it means different things to different people. _ means different things to different people, it's ambiguous. barricades go up in new york in preparation for protests. a grand jury could make history by indicting former president donald trump over alleged hush money paid to a porn actress. european stock markets recover in early trading with shares in banks rallying after moves to reassure investors following the takeover of credit suisse.

the chinese president xi jinping, who's in moscow, has described russia and china as "strategic partners" and "great neighbouring powers". on the second day of his visit, mr xi invited president vladimir putin to visit beijing this year and said he would make ties with moscow a priority. on friday, the international criminal court accused president putin of war crimes and issued an arrest warrant. china does not recognise the court. from moscow, our russia editor, steve rosenberg, reports. just three days ago, vladimir putin was named as a war crime suspect by the international criminal court. but that didn't stop china's president flying in, shaking his hand. putin and xi have met many times before, but never before has russia's president been under such pressure. his war in ukraine not going at all according to plan. xijinping called vladimir putin his "dear friend", his "strategic partner".

the kremlin leader said they would discuss china's peace initiative. but there is no detailed chinese plan to end the war in ukraine. what moscow would like from beijing is lethal aid to help it win. beijing has been reluctant to provide that, to prevent secondary sanctions against chinese companies. but it has been supplying dual use technology like semiconductor chips that the russian military can use. the kremlin also wants to expand trade with china. with russia under heavy international sanctions, economic ties with beijing are proving a lifeline. if you burn bridges with the west, as vladimir putin has, what do you do then? you look east. and that's exactly what the kremlin leader has done. recent events have accelerated russia's dependency on china. putin and xi may speak about hugely

beneficial cooperation, but beijing looks increasingly like the senior partner. but moscow hasn'tjust partnered with beijing. last week, russia held joint naval exercises with china and iran. there are signs the kremlin is looking to forge an anti—western alliance. putin is building his own block. he doesn't trust the west any more. he's looking for allies and trying to make russia part of a common fortress with china as well as with india, latin america and africa. putin is building his own anti—western world. now, with xijinping here, russia can claim that it's not isolated, that moscow has powerful allies who view the world through a similar lens, that it doesn't need the west if it has friends in the east.

but experience shows china always puts china first. as xijinping is meeting vladimir putin in moscow, the japanese prime minister fumio kishida is making a surprise trip to ukraine to meet ukrainian president volodymyr zelensky. the trip is the first time a japanese prime minister has visited a region with ongoing fighting since world war two. the japanese foreign ministry said mr kishida wanted to show his respect for the courage of the people of ukraine following russia's invasion last year. i'm nowjoined byjeremy page, who is the asia diplomatic editor for the economist. are we seeing a dangerous escalation of tensions from europe expanding east asia here?— east asia here? yes, i think that's the important _ east asia here? yes, i think that's the important context _ east asia here? yes, i think that's the important context to - east asia here? yes, i think that's the important context to bear i east asia here? yes, i think that's the important context to bear in i the important context to bear in mind. xijinping's primary concern is what is going on in asia and the

relationship with the us, china has been locked in this global confrontation with the us. and so, in that context, russia is still, in spite of its many flaws, and indispensable force —— source. so xi jinping's bottom line is he will not abandon russia, is not looking to see a humiliating defeat for vladimir putin, and he is willing to keep providing non—military supplies that have propped up booting's for machine in the last year or so, and as we have heard from american officials considering lethal weapons, china denies that an

american officials don't think china will cross that line yet, but a lot will cross that line yet, but a lot will depend on what will happen on the battlefield in the next few months. �* ., , , ., months. and there was this long meetin: months. and there was this long meeting between _ months. and there was this long meeting between the _ months. and there was this long meeting between the two - months. and there was this long | meeting between the two leaders yesterday, has anything emerged as to what happened there? there yesterday, has anything emerged as to what happened there?— to what happened there? there has not been much _ to what happened there? there has not been much in the _ to what happened there? there has not been much in the way _ to what happened there? there has not been much in the way of - to what happened there? there has i not been much in the way of concrete detail, the important thing is vladimir putin was looking for a show of support from china, he wanted to show the world that he still had the backing of the second largest economy and a fellow member of the united nations security council, and i think xijinping delivered on that, he very much reciprocated vladimir putin's expressions of personal friendship, he echoed kremlin talking points about building a world, challenging american leadership in the world,

and he pledged to strengthen strategic coordination and practical cooperation, as we just heard. strategic coordination and practical cooperation, as wejust heard. and even endorsed him running for election in 2024 again. at the same time, china is trying to make this more palatable diplomatically for the rest of the world by couching it in the language of peacemaking, xi jinping said it was one of peace, cooperation and friendship, he talked about that peace plan proposed in february and got that on the agenda, discussed that with putin, and if as expected xijinping holds talks with zelensky in the coming days, that will help to convey the idea that china is... but in reality it's a nonstarter for

ukraine, so this is really about burnishing china's image as a responsible power and peacemaker while at the same time significantly expanding the relationship with russia. we expanding the relationship with russia. ~ ., , expanding the relationship with russia. ~ . , , russia. we have seen the japanese leader also — russia. we have seen the japanese leader also visiting _ russia. we have seen the japanese leader also visiting ukraine, - russia. we have seen the japanese leader also visiting ukraine, how i leader also visiting ukraine, how much our nations around the world having to make a choice as to their position on ukraine because of their links with china and russia? i'm thinking of south africa, brazil, india which has had historic links with russia but also historic tensions with china, yet when we see the expansion of nations brought into this conflict, it's really alarming. i into this conflict, it's really alarming-— alarming. i think it's very difficult _ alarming. i think it's very difficult for _ alarming. i think it's very difficult for a _ alarming. i think it's very difficult for a lot - alarming. i think it's very difficult for a lot of i alarming. i think it's very i difficult for a lot of countries around the world. i think in the global south especially there are a lot of countries that don't feel

that their security interests are affected by what is going on in ukraine, some of them even have sympathy towards russia, based on historical links the ongoing military ties, india still on russia for supplies and oil. —— still dependent. and china in particular is trying to take advantage of those sentiments in the global south by presenting itself as a peacemaker, as a middleman, if you will. and that message has some appeal in the developing world so xi jinping is keen to exploit that and at the same time portray america as being the instigator of the war in ukraine. thank you very much indeed. here in the uk, a scathing review of britain's largest police force,

london's metropolitan police, has found it to be institutionally racist, misogynistic and homophobic. the report's author, baronness casey, said many londoners had lost faith in the metropolitan police and the force could be broken up if it didn't change. our special correspondent, lucy manning, has more. let's remember how all this began. sarah everard walking home — kidnapped, raped and murdered by a met police officer. it shocked then and this report is frightening. a force that is broken, failing. there is, without doubt, a discriminatory culture right across the metropolitan police. and i think that institutional racism, institutional sexism, institutional misogyny and homophobia are definitely present across the organisation. we think the met is not able to assure all of us that its officers are of sufficient

integrity and standards to be serving police officers, so it needs to clean itself up. the met has lost the consent to police, the report believes. it can't protect its own female, gay and minority ethnic staff and it can't provide adequate policing for these groups when they're victims of crime. for too long, the met has had predatory officers and a culture of denial about the scale of its problems. the details set out in this report of a broken force are frankly horrific. rape evidence that had to be discarded because the fridges in police stations didn't work. a sikh officer who had his beard cut by colleagues, a muslim officer who found bacon in his boots, and female officers routinely targeted and humiliated by their male counterparts. couzens and carrick — the met's murderer and its rapist. baroness casey clear those who have the powers to search,

arrest and detain need to have the trust and confidence of those they police. so this needs to be a landmark moment. the commissioner of the met apologetic, promising change, but not accepting every word of the report, despite baroness casey's plea to do so. it's disturbing. it's upsetting. it's heartbreaking. i apologise to those who've suffered as a consequence. do you accept baroness casey's findings that the force is institutionally racist, institutionally misogynistic and institutionally homophobic? i accept her diagnosis about the racism, misogyny, homophobia in the organisation and also that we have these systemic failings, management failings and cultural failings. i understand her use of the term institutional. it's not a term i use myself. shabnam chaudhri was a detective superintendent in the met and lived through some of the racism the review highlights. there were officers that - were outrightly racist towards me and then there were those that

had the banter. _ but there was a particular officer, for example, who, whenever- i was out of the room, l referred to me as the p, with the p word, and it's only my colleagues that| actually told me. she believes the met must change from the top to the bottom. my message to sir mark rowley is implement your systems i and processes, ensure - that your leadership is strong, ensure that leadership i is supported at every level. ensure that those who want . to whistleblow can speak out, so that you can root out the dirty, rotten apples that sit _ within your organisation that i have a huge detrimental impact on trust and confidence. reports have come, commissioners have gone and still the met hasn't changed. the warning is this is its last chance. if it doesn't, it could face being broken up. for too long, it has failed too many — the very people who need protecting. victims of crime. black and asian communities,

women and children. people just walking home. lucy manning, bbc news. the mother of the black teenager stephen lawrence, who was murdered in east london 30 years ago, says the force needs changing from top to bottom. baroness lawrence, who has been campaigning for socialjustice since stephen was stabbed to death in a racist attack in 1993, says the casey report echoes a similar report commissioned following her son's death, which branded the force institutionally racist. in a statement, she says... the london mayor sadiq khan was asked about the stephen lawrence case.

next month will be 30 years since stephen lawrence was brutally murdered, 25 years since the macpherson report, my experience as a person of colour and i say, human rights lawyer and as a member of parliament and the police and crime commissioner is a police service that has been complacent and arrogant denial. and that is why it's incredibly important for us to understand what she has found, she spent more than a year i'm joined a year now i by ruth davison, the chief executive of refuge, a uk charity providing support for women experiencing domestic violence. when you see this report, looking at discrimination of people from so many different groups, what is your

reaction? the report is utterly devastating, but it is in no way surprising. this is what people of colour have been telling us for decades and what women tell us when they call us, we know that trust and confidence in the police was already at rock bottom before this report and unfortunately all we get is horrendous stories and even more shocking statistics to confirm what we already knew, change is long overdue. is we already knew, change is long overdue. , ., ., ., overdue. is it fair enough that the head of the _ overdue. is it fair enough that the head of the met _ overdue. is it fair enough that the head of the met police _ overdue. is it fair enough that the head of the met police is - overdue. is it fair enough that the head of the met police is not i head of the met police is not accepting the word institutional or will that be a barrier to any real change? i will that be a barrier to any real chance? ~ ., v will that be a barrier to any real chance? ,, ., �*, change? i think that's the most shockin: change? i think that's the most shocking thing _ change? i think that's the most shocking thing this _ change? i think that's the most shocking thing this morning. i l change? i think that's the most i shocking thing this morning. i would have expected mark rowley, who has spoken about it notjust it being a few bad apples, sweeping reform of the service and for him to come out and say he doesn't accept there is institutional racism, homophobia and misogyny is deeply depressing,

louise casey has spoken about this culture of denial, that affects all of us, it affects us to come forward as victims and females and gay and officers of colour in the force when they try to do theirjobs, and you cannot change the culture if you can't accept the culture within it. do you think the met police can be changed at all as it stands, or should it be broken up with a fresh start in a fresh structure? i should it be broken up with a fresh start in a fresh structure?- start in a fresh structure? i think it needs radical _ start in a fresh structure? i think it needs radical action _ start in a fresh structure? i think it needs radical action now. i it needs radical action now. violence against women and girls is a strategic policing priority and the reality we read about in this report, woefully undertrained and terrible facilities in dealing with evidence shows just how drastic things are, things are getting worse, not better, but i do believe that change is possible and there are steps that could be taken and

must be taken immediately to restore trust and confidence in policing and change the culture. is trust and confidence in policing and change the culture.— change the culture. is the met olice change the culture. is the met police simply _ change the culture. is the met police simply reflective - change the culture. is the met police simply reflective of i change the culture. is the met police simply reflective of the | police simply reflective of the country? some people listening to all this will think, there are problems in my workplace and the organisation where i work, in my neighbourhood, to a degree is the whole country simply on a path and the met is just reflecting divisions in the country at the moment? part ofthe in the country at the moment? part of the problem _ in the country at the moment? part of the problem is _ in the country at the moment? part of the problem is the met is not reflective of london, 29% of police officers are women, that should be 50%. yet women experience discrimination internally and they are more likely to leave jobs and also when they come forward and report abuse they are not believed, one of the most distressing parts of the report was a woman police officer who experienced abuse at the hands of an officer and it was

minimised to the point where she said, do i need to die you to take this seriously? at the same time leadership is talking about how strategically important tackling this was. if the met wants to change it needs to reflect the communities it needs to reflect the communities it serves. �* ., ., ., it serves. are there one or two measures _ it serves. are there one or two measures from _ it serves. are there one or two measures from all _ it serves. are there one or two measures from all the - it serves. are there one or two measures from all the work i it serves. are there one or two l measures from all the work that it serves. are there one or two i measures from all the work that you do and your colleagues do that the police could put in place to make a real difference right now, or is it just a question of political will? it's both. you need political will to make a sweeping deep—seated change but there are things they could do today if they choose to, we have been calling for some time, in fact this january when we dumped rotten apples on the doorstep of the met, we have been calling for fundamental changes like the immediate suspension of any officer accused of domestic abuse or violence against women and girls, we know there are 550 officers facing accusations of sexual misconduct and

only 71 have been suspended, 100 are operating with no restrictions whatsoever, how can we have confidence to go to the police when we are not sure the person we are reporting to is not an abuse himself? immediate suspension when anyone faces accusation and then a fair investigation is with dismissal if they are found to be guilty. do ou if they are found to be guilty. do you think mark rowley is the right person to bring about change, given what he said today? this person to bring about change, given what he said today?— what he said today? this morning, i am left wondering _ what he said today? this morning, i am left wondering whether - what he said today? this morning, i am left wondering whether he i what he said today? this morning, i am left wondering whether he has l what he said today? this morning, i l am left wondering whether he has the appetite for this or whether he wants to continue with a culture of denial that so toxic within the met, and at the very top of the met can't lead then i don't how change is possible. lead then i don't how change is ossible. ., , lead then i don't how change is ossible. . , . to the united states now where donald trump could be about to make history by becoming the first former president to be placed under arrest. there's growing speculation that he could be indicted on charges stemming from an investigation

into a hush—money payment to porn star stormy daniels in 2016 — made prior to the presidential election. steel barricades have been put up outside the manhattan criminal court, where mr trump could be charged, fingerprinted and photographed if charges are filed. asian and european stock markets have recovered further at the start of trading today with shares in banks rallying. stocks climbed on monday in london and new york after central bankers and politicians moved to reassure investors following the takeover of credit suisse at the weekend. i'm joined now by tobias straumann, professor of economic history at zurich university. do you think we are seeing the move by governments to reassure everyone in the financial world, is that succeeding or are we not through this yet? i succeeding or are we not through this et? ~ succeeding or are we not through this et? ,, , .. , this yet? i think it succeeding but this yet? i think it succeeding but this is not over _ this yet? i think it succeeding but this is not over yet. _

this yet? i think it succeeding but this is not over yet. it's _ this yet? i think it succeeding but this is not over yet. it's not i this is not over yet. it's not because of switzerland but because of the general situation we have, we have a high level of debt all over the place and we have rising interest rates and we have already served in the united states, there is tension, credit suisse was another part of this tension, and it's not over yet, but at least we don't have something like that coming from switzerland. is don't have something like that coming from switzerland. is your expectation _ coming from switzerland. is your expectation the _ coming from switzerland. is your expectation the other— coming from switzerland. is your expectation the other ranks i coming from switzerland. is your expectation the other ranks in i coming from switzerland. is your| expectation the other ranks in the us could find themselves in difficulty, but even if they do the us will shore them up and the contagion went now spread? it’s us will shore them up and the contagion went now spread? it's very hard to see — contagion went now spread? it's very hard to see it — contagion went now spread? it's very hard to see it before _ contagion went now spread? it's very hard to see it before it _ contagion went now spread? it's very hard to see it before it happens, - hard to see it before it happens, usually you don't see the bad apples until they are visible, that is always with the financial crisis and thatis always with the financial crisis and that is why they are called a crisis, they are defined by the fact we cannot foresee everything in advance, so i would rather say be

prepared for surprises, notjust in the us but in europe. maybe emerging markets. we are in a difficult environment right now, central banks will continue to raise their interest rates. 50 will continue to raise their interest rates.— will continue to raise their interest rates. so you do think interest rates. so you do think interest rates _ interest rates. so you do think interest rates will _ interest rates. so you do think interest rates will keep - interest rates. so you do thinki interest rates will keep rising? interest rates. so you do think. interest rates will keep rising? i think so, may be in the us they will slow down with their tightening, but in europe, the ecb will be forced to move forward and raise interest rates once again because inflation unfortunately the expectations have become more permanent,... and unfortunately the expectations have become more permanent,... and for ordinary peeple _ become more permanent,... and for ordinary people not _ become more permanent,... and for ordinary people not in _ become more permanent,... and for ordinary people not in the _ become more permanent,... and for ordinary people not in the financial. ordinary people not in the financial world, what are the risks for people with mortgages and loans? ordinary citizens,! i’m with mortgages and loans? ordinary citizens,! �* ., .

with mortgages and loans? ordinary citizens,! ., . citizens,! i'm not so much concerned about the collapse _ citizens,! i'm not so much concerned about the collapse of _ citizens,! i'm not so much concerned about the collapse of the _ citizens,! i'm not so much concerned about the collapse of the banking - about the collapse of the banking system and the rescue of credit suisse has shown that authorities are doing everything to avoid contagion, but of course i'm concerned about rising mortgage rates and all that, so people are directly touched and concerned but on the other hand you still have this inflationary environment, it's really tough for many people who have debts or even for people with lower incomes, it is not an easy time and it will not go away in the nearfuture. we time and it will not go away in the near future-— near future. we will have to leave it there. you can reach me on twitter — i'm @geetagurumurthy. much more on our raking news between the chinese and russian leaderships with the japanese prime minister

arriving in ukraine today, so east asian leaders very much drawn into the conflict in europe. a little bit more sunshine out there today on what has been a pretty wet month so far especially for some in eastern england. cambridge for instance is currently heading towards its wettest march on record. we have already seen over 2.5 times its normal march rainfall, contrasted that with lerwick in shetland where we have onlyjust seen barely over a third of the rain. however, this will be one of the wettest spots for the rest of today, sitting under this zone of cloud. most are in the gap between that cloud and what will come in later this afternoon and tonight. that's already approaching northern ireland as we head into the afternoon, it will turn wetter here by the time we finish the afternoon and hit the evening. rain easing eventually from shetland but in between sunshine and showers. lines of showers from the south—west

through to the north of london, some through the north midlands and a few through northern england mean some of you will see more showers than others. one or two staying dry this. a brisk south—westerly wind, not desperately strong at this stage but it's a very mild one. 15 degrees possible in eastern scotland. 15 or 16 possible through central and eastern england, significantly above where we should be. we finish the day with rain in northern ireland, that this evening quickly spreading across scotland, wales, northern and western england, and all parts will see rain at times overnight. lingering in the morning and east anglia, south—east england. elsewhere, clear skies developing and a mild start to the day because of the pictures were going to wednesday, the more persistent overnight rain clearing and the strong wind we will see on the southern flank of this low, especially the further north you are, 60—70 mph gusts possible with lively showers working across scotland during the morning and early afternoon. persistent wrinkling from shetland. staying cloudy and drizzly all day long to the east of the english channel but elsewhere

some sunshine, and a few passing, maybe heavy thundery showers but for all a windy day. we could see widespread gales across the country. still coming from a south—westerly direction so still pretty mild for much but feeling cooler than today given the strength of the wind. stays windy through the night and into thursday. we could see an area of more persistent rain work up from france towards east anglia and the south—east later in the day. could get close to the midlands — either way, lots of showers across england and wales, heavy thundery. fewer showers for scotland and northern ireland. temperatures remaining on the higher side but this weekend it will turn a bit cooler and eventually a bit drier again.

pollution problems. the dutch government is in court defending its plans to cut flights at one of the world's busiest airports. cash for colombo. sri lanka gets a $3 billion international bailout but will it be enough to end food and fuel shortages? we'll be live in the capital. welcome to world business report. i'm jonathan josephs. the aviation industry is hugely important to the global economy but its also seen as one of the most polluting.