behind the bus, people need to know what is happening there. you know, were series guardians of truth. watch know on youtube, d. w documentary? ah business, did you news that live from berlin? sold for more than $3000000000.00? it's west bank. you b as a class, it's private credits with a deal supported by the country central bank and designed to have it 10 show banking crisis. also coming up, let me put in visits occupied mario paul graham,

the in house police images up here in to show puts in the ukrainian city, which brushing force is captured in make. this comes up, our restaurant is issued against the russian leader, alleged war crimes committed unoccupied decree. meanwhile, moscow supposed to be teaching, but a statement suggest hours away. western leaders, who did you put the pressure on put things and the invasion chinese president has a piece plan, but it fall short of western expectations. ah, i am eddie micah junior. welcome to the program, switzerland's biggest bank u. b. s. has reached a deal to take over its embattled rival, credit suisse or 3 and a quarter $1000000000.00, or just about $3000000000.00 euros. a takeover comes i made fears that an ongoing bank in crisis called the stabilize the global financial system. with the land is

preparing emergency measures to fast track to take over and u. b as will receive liquidity assistance from the state. the turmoil was on the east by the collapse of 2 banks in the us as a swiss press dance, allenby set, speaking as the deal was announced, the liquidity outflows, and market volatility shows that it was no longer possible to restore the necessary confidence. and the swift and stabilizing solution was absolutely necessary. and the solution is the takeover of crazy stories by u. b. s. it is supported by the for the rise on following several meetings with the seats national bank. we've our regulator or the fema with crazy stories and you'll be us and the pretty wide account sheet welcomes the stake over and is supporting it by guaranteeing the framework conditions necessary for its success. i asked my

colleagues in the city from dw business about the size of this take over 3000000000 dollar deal, t v comparison, the market capitalization. that is the total value of all the shares of credit suisse on fridays are close, was $8000000000.00. so shareholders are going to take a huge loss on this, but they won't get upset, and it's because part of the deal means that shareholders won't get to vote on the deal. and so the 2 boards are for the banks have voted on the dealer will vote on the deal. and again, that shows you the urgency here. also this 100000000000 dollar credit line that is made available by the swiss national governments was national bank that shows you that they want to help you swallow this monster and to do it in switzerland. that is, the big thing here is that this bank is disassembled in that country because it's also about jobs, not just about the global contagion before switzerland itself. it's about valuable assets, but also jobs more than $16000.00 in that country. so this was a bit of a shotgun wedding. it's been a bit of a shock for everyone. and we're so trying to understand what it means. yeah. it all

. definitely. we're still trying to get this by that. there were a lot of fears of a possible financial crisis like what happened in 2008. now that this do seems to be going through those fears late now. well, it's hard to really know 2008 was a different story in many ways that was about utterly worthless assets and the great facades that we're leverage off of them. and so when those underlying assets are worthless, we're kicked out everything collapse. there's one, we're not talking about worthless assets here in many cases. we look at s b, b silicon valley bank. for example. i'll take this off. these were based on treasury bills that lost some of their value. this is really psychological. what we're seeing is that once the depositors have heard that they, that, that these banks are losing their running and taking their deposits out. and others fearing a bank run and going and doing the same thing. and it's something that you or i might do as well if we're not sure we get our money back, even if we believe the underlying value of the bank, the fundamentals are ok. we might also want to pull our assets out in fear of

a bank run. so it's so psychological, we don't really know what to say about the what effect is going to have on the market. this is one of the world's 30 largest banks. this is probably gonna keep going for a while, at least it's going to be a shock, i would say for the system to digest. and it's unclear how officials going to handle this. it's a good idea to make comments, the might not make comments. how do you reassure a very jewelry market? that's the question that comes out of this is interesting from what you say. so it sounds like good news, but still not really sets. and if is going on, is that the governments are willing to act so fast. the regulators are willing to act so fast and you can see the lessons of 2008 built in to that. they're not gonna sit around, they're not going away. they're going to try and reassuring messages. but ultimately, when some deposits are not insured, and they believe that there could be a bank run even if they believe that everything with the bank is early fine. but they believe that there could be a bank run. they may go and be a part of it. it's a self fulfilling prophecy. had he stop that? that's the big question. so any sort of bank that is shown weakness over the past year of the past few months. in the next few days, there's going to be a concern that it might kick off something similar. so there's going to be

a lot of messaging around this to try and reassure, reassure, reassure, ok, we'll have to wait and see how things goes to invest. the funded of your business. thank you. you. russian president vladimir woodson has made a surprise visit to occupy my real full exile authorities from the ukrainian city of condemned the trip. it came hours after another unannounced stove in crimea, which russia legally annexed in 2040. he's a wanted man by the international criminal court for alleged war crimes and ukraine . but here is president vladimir putin in russian occupied mariel pole. even briefly meeting with locals and shaking hands. yes. oh i didn't expect does. can i say hi. thank you. with, with not, we've seen you many times on tv,

but we need to get to know each other for him it's what will you this is put in his 1st trip to the eastern, down by 3 gentle since he launch the invasion of ukraine. and february 2022, your herschel with russia siege of the port city saw its wide spread destruction and capture a year later, buddha is overseeing a war that hasn't gone to plan. and now, according to the kremlin, he surveying rebuilding efforts in the occupied territory. his spokesman called it a spontaneous visit, but the ukrainian government has angrily lashed out, comparing it to a criminal, returning to the scene of a crime with a defense ministry posting the murder of thousands of mary opal families came to admire. the ruins of the city cynicism and lack of remorse, back home. some have criticized prudent for not being as visible as ukrainian president followed him, your zalinski. and it's not clear whether this trip will be enough to rally his

troops or quiet his critics. with chinese president susan pena set to begin a state visit to moscow on monday. it's an apparent your support for russian. first them rob mcclinton, as his war against green struggles to achieve its objectives. china has put forward its own peace, bland. that house is the point that you can lead us by feeling to condemn russia aggression. so what should we expect from this highly anticipated meeting? i put that question too early, not i could over founder of the geopolitical consultant, company face, and a former director of the austrian institute for european and security policy in vienna. hello, and thank you for the invitation. well, this is the 1st visit to of susan being after he actually solidified his position in the highest excellence of power, sol. it's obviously about the message inc, and it's obvious also that said the symbolism here is very,

very strong. but let's talk about that. you political site and that is that china steel wants to avoid a tree fronts scenario from happening. that means that a seizure being see self in a critical face of military escalation into straight of di, one and also in a face of ongoing patients along the line of actual controlled wheat india. and that means that he wants to prevent any security vacuum in the north of for his border or sir, that is sir. 2400 kilometers long border with russia are sold. the message is clear of these closed or talks will be a lot about defense technological corporation. next to the other critical fields such as energy commodities, erico cher, trade in economy. and here i argue we will see if it avert a support further, ongoing support coming from china for moscow. and that means that this will be the

main lifeline of for moscow in this war. yeah, it's also been reported that to have breast and she wants to speak to ukrainian precedence polanski after his meeting with fulton. what should we expect from that? oil obviously keeps understands very well that china easter, one of the few countries that can exercise influence on russian positions and a qu, to actually talk her to moscow directly. so in a sense, i think it's very important that this call is taking place. ah, will you have a lot of technical issues that need to be also discussed her, even though that right now there is no relaunch of negotiations between ukraine and to russia. here we talk about concrete topics such as a grain exports. and we talk also about topics such as exchange of prisoners of war, ensuring also human carrion corridors. and china can also communicate some of her

moscow's positions. sir, after the director meeting between susan being and ah, angle, you, me put in. so in a sense, this is, i think, are important step of for ukraine, but also of course, we know for sure, for a fact that a china wants to present itself as a mediator and is a rational or, you know, player in the international arena. okay. i mean, you say it's important or on that many western leaders asked a worry of a chinese brookwood. she steal. why should it matter? who broke his piece? well, a mattress a lot because right now china come sweeter. huge diplomatic boost a to moscow e test mediator. iranian a saudi deal, of course, not without a russian help by the way. us, as we know that the geopolitical rapprochement between you run in a rush is very, very strong. and here, once again, of course,

china wants to present itself as these, sir, you know, critical player in the international relations is one that is able to well draft a piece plan, a stable to communicate directly to the aggressor in this war. and at the very same time can you can reach out to, to ukraine. so in the sense so oh what it is really about is that and why i think that her and her china somehow intensified the visit to originally it was planned to take place in april is that china really wants to capitalize on discipline matic boost and it lisi, she had some kind of a beginning of negotiation process. felina soccer over. thanks a lot for your time. thank you very much. police and pakistan have filed charges against former prime minister in man can and dozens of his aids and supporters after the class with police outside court in islamabad, they've been accused of terrorism and of our frances. the amazon prime minister is

already facing corruption charges, which he denies that leads, as litigations are likely to increase the existent tension between can and the government. so what are the former prime minister in ron con, clenched with police, outside a court in pakistan's capital? they threw stones fight, deer guess, and smashed where he calls for ars. the next day, hon and several leaders of his party were booked on edison charges and several other offenses. but the form of fram, necessities security forces provoked his supporters while he went to attend court proceedings for corruption charges. ah, some new police the police. when i arrived at the gate or not, i saw police and rangers on it everywhere. keep waiting yet. it was immediately obvious that did it want me to attend to. per sam was it got the got the wanted to

kill or rest me. other police related cons. residents in the eastern city of la har, removed blockades, created by his supporters and attested at least 60 of them. um, they will get with you since you have uh, we started to arrest. people get stuck. and again, for met with persistence, m a d. i was can supporters through stone shout yoga, or despite a lot of opposition, get by with the police clear the area, the interested people had given the kubat. wonderful, because dod ya, the traditional heading has been agend until march 30th. meanwhile, m ron hahn has announced a political really in the heart on wednesday to demonstrate his political power. before we go, as a reminder of auto start with advanced, biggest bank u. b. s is to take over. it's embattled rival credit suisse at the price of more

than $3000000000.00. moving to come sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial system. that means you're up to date up next sports life on house women kind of help children with autism. don't forget there's also more news on our website, the d. w dot com and on our social media channels i'll handle is dw i eddie micro junior, thanks for watching. i do stay tuned for more news. a talk with a journalism helped us in overcoming division.