ah ah ah this is d w. news coming to live from berlin. investors unnerved as banking turmoil spreads asian markets, slide up to regulators in switzerland are forced to give credit suisse, bank liquidity, lifeline. following a slumping shares. investors are still spooked after the collapse of 2 banks in the

us. also coming up washington in moscow trade blame after the black sea drone crash as accusations fly, the u. s. and russian defense chiefs hold a rare phone call. moscow denies it to blame, saying it wants to recover the down drone. the incident has worse intentions and is fighting rages in the ukrainian city of buck boat is camp. preparing to launch a spring counter offensive. ah. hello, i'm terry martin. good to have you with us. concerns over the health of the global banking system have sent asian stock market's falling after shares and swiss bank credit suisse plunged to record lows. the trouble blender has said it will borrow up to 50000000000 euros from switzerland central bank and

a bid to shore up its liquidity. the sudden, multi $1000000000.00 collapses of to us banks last week, as part growing fears about the stability of the banking sector. while for more, we've got rob watts from the w business with us here in the studio. rob, how alarming is this development with credit suite? well, certainly had alarm bells ringing because what we have here is a major international bank having to seek help from a central bank. that's something that we have not seen since 2008 and the global financial crisis. but we have heard the central bank in switzerland and also the swiss financial regulator and credits rece themselves all trying to delay the fears here because it is fear that ultimately drive down. stock prices, credit suisse says that it does have enough liquidity, and the $50000000000.00 or so euro's that, it's borrowing is merely preemptive to make sure that it doesn't run out. and the

central bank of switzerland says that credit suisse does have enough liquidity to meet the requirements for a bank as important as it is. nevertheless, this is a significant wobble in the financial markets of europe and the world. so i mean, a little bit alarming. a 1st, it was a couple of us banks in trouble and now we've got a very well known european bank is in trouble. is this the contagion that analysts had been warning us about? and i can't sit here and tell you that we had 2 major banking, wobbles, one in the u. s. and one in europe in the same week. and they're not somehow linked . but the case, a credit suisse is very different to that all silicon valley bank and signature bank in the united states. credit suisse is for a while been seen as the sort of us both sick man of the european banking sector has been beset by scandals in recent years. it's undergoing a major restructuring that's costing it an awful lot of money. it's made losses in the past couple of years, expecting to make lost this year and next year. but the climate surrounding the

banking sector is what caused this to happen right now. and that climate has been created by what's happened in the united states. the sensitivity of markets to questions of liquidity of banks has been created by what happened that said, confetti bank. so when the major shareholder of credit suisse says, we're not sure we could be able to provide any more money to they spank. that's really rattle markets. this week because of what's been happening in the states, this is a moving store. you talked about market sensitivities. how are the markets looking to that? it's not been a great 24 hours the markets around the worlds european stocks across the board pretty much down. actually the pan european stalks index it down 7 percent yesterday, which is a big drop. it also across the board in the us wheels associate as slip. and then in asian markets, they appeared to be doing the same thing and pulling significantly. but then when we had the announcements from credit suisse, and also from the authorities in switzerland, those losses were held back a little. but we have to look forward to european markets later,

we're getting another interest rates decision from the european central bank. the question before now has been, how big is the interest rates rise going to be but now is the question or the answer going to raise them a tool because of what's been going on. so invest is going to hang on every word of christina, god, later, the central banks president market jitters. rob wants from d. w. a business. thanks. and of course we'll have much more on this story coming up after this news bulletin on t w's business update. well, the us defense secretary lloyd austin and his russian counterpart, sergey chicago. have discussed tuesdays drone incident over the black c. u. s. military says it's surveillance drone was in international airspace when to russian jets dumped fuel on it. one of them clipped. it's propeller causing the drone to crash moscow denies. it's to blame and says it's trying to recover the drone. the u . s. believes that would be difficult given how deep the sea is. defense secretary

austin, head strong words for bosco. after the incident on tuesday, rush, an aircraft engaged and dangerous, and reckless and unprofessional behavior in the international airspace over the black sea. to rush and jets dump fuel on an unmanned u. s. m. q 9 aircraft conducting routine operations in international airspace. and one rush and jet struck r m m q 9 aircraft, resulting in a crash. this hazardous episode is a part is part of a pattern of aggressive risk at risky and unsafe actions by russian pilots in international airspace. now i just got off the phone with my russian counterpart minister showing you as i've said repeatedly, it's important that great powers be models of transparency and communication and

united states will continue to fly and to operate wherever international law allows . the w correspond, caroline, a, she moist sums up the latest from that follow that we clearly see we just heard it from secretary austin and that the u. s. government does not want to escalate this incident today, a secretary of defense light austin, that he talked to, to his russian counterpart as we each assert. and he referred to yesterday's incident as a troubling episode and said that it was seen ger, isn't unprofessional, and reckless. but he also said that this is part of a pattern of aggressive and risky actions from russia. however, he added that the u. s. does not seek an armed conflict with russia, and at that the u. s. will continue flying international space, and that it's up to russia to encounter in the u. s. aircraft in a save and a professional manner. this is a clear alert towards russia but,

but nothing more than that. they don't want to escalate the situation. and in that a pentagon briefing, we also learned that they are not certain if this encounter a yesterday was intentional or general milly. he said that the aggressive behavior was intentional. but the actual that the actual physical contact of the aircraft that they are not sure if that was intentional as well. to be as carolyn is shamore there in washington. well as ukrainian forces hold off, rushes continued, attempts to take the eastern city of buck moot. t of has signaled it's gearing up to lodge a counter offensive. many in government are pinning their hopes on the supply of western weapons, including german made leopard tanks, which are expecting soon the new hardware could help ukraine break the stalemate in some areas and take back more territory. russian artillery fires on past mode. after months of attempts to take the city, ukraine has forced his enemy to commit major resources and take tens of thousands

of casualties. the ukrainian military says its buying time for a spring counter offensive. part of the preparations for that counter offensive are happening far from the front lines in spain. ukrainian troops are finishing their training on advanced western tanks. they hope the leopards will be a game changer on the battlefield until now ukraine has been using older russian model tanks. ukrainian troops are getting training from nato forces elsewhere to like here in the u. k. learning the art of combined arms warfare. how to coordinate all the high tech weaponry with infantry assaults on the front. a tank commander has high expectations up north with the concept and tactics of tank usage in battle will significantly change because western tanks have a higher firing range and other capabilities like

a digital information field. if this equipment is used properly, one can destroy the enemy before the enemy approaches its firing range of her bullet. analysts say ukraine will likely amount a major attack in shop a reason province. aiming at the russian held city of moleed upon a successful push would cut through russia supply lines to its forces further west . there factors like whether they can only be guessed that not controlled spring mud can slow or stop tank advances, bogging down the russians and ukrainians alike. that means the timing and the target of any counter offensive, or still a mystery, which is just the way ukrainian commanders wanting catch up on a few other stories making headlines around the world today. russian president vladimir putin has hosted his syrian counterpart, busha allison in moscow. there discussions or thought to have focused on rebuilding syria after years of war and on mending. it's ties with turkey. with syria under

western sanctions. putin has been assad's strongest allied. what do you mean while thousands of assyrians have rallied in rebel held it live, to mark the 12th anniversary of the start a pro democracy protests. the italy area is the country's north west, in the countries northwest is the latest major territory, not under the control of president allison russian back forces. and israel's president, as a cat's art, has unveiled a plan to resolve the stand off over a controversial judicial overhaul. but prime minister benjamin netanyahu has already said the proposal will worsen the current situation. nathan, yahoo has plans to weaken the supreme court have sparked mass protests while protests or set to continue in israel. prime minister benjamin netanyahu is currently visiting germany. he landed at berlin airport a little earlier for him,

one day trip that will see him meet with german chance all i've shown said president my father died before departing from israel. netanyahu spoke about his visits top priorities. i now departing on a visit to belinda, where i will meet with the german chancellor of the main subjects. i will discuss his iran as well as of the issues that are important to the state to be israel. the security issues don't take a break for a moment and will have fun for the coverage of the israeli prime ministers. visited berlin right here on the w news throughout the day with lots or on our website to it. d, w dot com. now some sports fans of german club i'm taught frankfurt were not allowed to buy tickets for their champions league game in italy against napoli, but hundreds clashed with police in naples having made the journey. anyway,

footage showed frankfurt fans throwing smoke bombs and layers of police who responded with tear gas chairs bottles and metal poles were also among the projectiles. walla police car was set on fire. the decision to deny tickets to frank were fans came after violence at the 1st leg of the match up in germany. napoli won the ty, 5 nil on aggregate, to advance to the quarter finals. thief of president johnny infant inner the most powerful man in the world. of football stands unopposed for reelection in thursday's fif, a congress gathering in rwanda. but there has been fierce criticism of the organizations attitude toward human rights under infants, including from the german football association. see for president geniune. santino has faced plenty of criticism for his perceived autocratic style for his organization's lack of transparency and on human rights issues surrounding the world cup and guitar. denmark and norway had withdrawn their support for him. well,

in advance of the vote, no, the german football association, the d f b as joined them. my oldest im dog. i find there is often a lack of transparency and clarity about how decisions are made. that that's all i'm asking for. nothing more, nothing less. and melanie vinegar, the relationship between the d, f. b and fever is strained. the d. b says questions on human rights often remain unanswered. infantile, meanwhile, is certainly known for talking a good game, etc. it brought me up. oh, human rights potential of human rights, international level is and top priority for fever. we put it as their condition in our bidding process is for all our competitions and whatever we go around the world . we are, of course, a highlighting the need for protecting human rights fee for had said it was

open to creating a compensation fund for maltreated guitar the workers that hasn't happened, but the upcoming fever club world cup was awarded to saudi arabia. does feminine strict white glove british cut off? for me it's about fif is credibility. it has to stand by the statements. it's president makes fear, it must. i have to admit, i don't feel that's the case. so i find it hard to offer my support type of infantile may not be flavor of the month in europe. but his huge popularity among the majority of 5211 members means his re election as president is likely to be a formality. ah, a imagine that you're eating a hamburger and as.