ah, ah ah ah, this is the w news live from berlin global market to react to swiss bank you be asked, acquires its rival credit suisse, switzerland central bank appealed, designed to reverse potential banking crisis. so is your money safe? we'll hear from a finance experts is to fall out, continues also on the program. chinese president julian king arrives in moscow,

talks with russian president vladimir putin. china wants to be seen as a peacemaker in ukraine as russia hopes or support for its war. but is legal for labor cruise and deal to buy and munich, their 3rd loss of the season, knocking them out of 1st place. ah i'm so gale. welcome to the program. switzerland's biggest bank u. b. s. has reached a deal to take over its embattled rival, credit suisse. takeover was arranged quickly over the weekend to meet fairs of the banking crisis. could be stabilized the global financial system. switzerland is preparing emergency matches to fast track approval, and u b. s will receive liquidity assistance from the swift state. the turmoil was unleashed by book access to us banks. ah,

the humbling end of a banking icon. the swiss government hastily forced through the takeover of credit suisse by rival u. v. s. at well below market value. switzerland is fearful that a failure to protect depositors could lead to a global banking crisis. the bankruptcy of a global, systematically important thank would have crossed irreparable economic term oil in switzerland and throughout the world. the federal council is convinced that u b. s. takeover of credit suisse has laid the foundations for greater stability, both in switzerland and internationally. switzerland. second largest bank had been in trouble for some time, suffering scandals, public legal battles and mounting losses. these longstanding vulnerabilities were

brought to the surface by the collapse of silicon valley bank and signature bank in the u. s. highlighting just how panicked investors are. there is hope that the financial problems were unique to credit suisse and could therefore be contained in this deal. but experts warn this may not be the case. once a large and highly connected institution, such as this runs into trouble. there is always a risk of contagion. and it may be a good idea for regulators and central bankers to try to get ahead of the problem. central banks across the globe are faced with a potential crisis of confidence in the stability of a financial system. as investors and depositors alike fear a looming credit crunch. so as switzerland's biggest bang takes over the country 2nd biggest, faster frederick high demand from the leibnitz center for european economic

research in mannheim. how big a deal this is? yeah, it's quite a substantial deal. i mean, both things belong to the 30 globally, are important banks that are deemed to be offered systemic relevant. so one of the big ones that of the u. b. s. has a balance sheet of one trillion. it's taking over g, a credits with a gun sheet of about half the size. so together it's gonna be one very substantive logically, and i think it's a, it's meant to be a strong sign of for building trust. now, there is, was authorities not a big way to stabilize the situation in a critical ok, so we have 2 banks in the u. s, which go down and cause this problem in switzerland. central banks now are scrambling to com fears that this could ripple around the world. that is,

that risk now contained no, it's not to her put the container, but i think her, what you really notice is that authorities had to learn from the great financial crisis in 2008, 2009. so they are acting much faster than they did in the past. they're acting strongly on the sending out signs of trust building and one should also, one should also recognize it. fundamentals are much stronger today than they were in 2009 capital or is higher in the bangs. regulation is stronger and tighter. it was disappointing that to the con valley bank a collapse and this was a big disappointment because everybody expected. well, we're not too much regulation so tight and not we have to learn whether that pretty traditional mistakes in the balance sheets. it was a big disappointment that that's why and now people are so i know,

and i can trust in looking at we've been asking, what is the business model really viable? and that's a problem, right? so that's a little bit scary because you said that they should have learned but didn't, and still made fundamental mistake. so i suppose my biggest question is my math is not in a swiss bank, is not an a u. s. bank, it's in a bank here in money. he's my money. likely to be saved now. yes sir. i mean the banks are kind of like, drew me. they are under stress from the increase in interest rate, but they also benefit from it because a, again, dan, bernie, money from the normal business of taking money in the account and lending it out. and this has become profitable again because of that increase in interest with the increase in interest rate is a blessing. i think for many banks the net effect is quite positive. so that's why

i'm not too pessimistic. the big issue with the european real estate. so as long as the real estate market stays are stable, i'm quite confident that we will not see a big banking crisis in europe. ok, that's a good note to leave some. thank you so much for talking us through that to frederick. hi, i'm on the leibnitz center for european economic research. thank you. but thanks. a chinese presentation ping has arrived in moscow. he's trips widely, say this is shows on that horrible russian president vladimir. he will be the 1st national leaders to make that brutal since the international criminal court issued an arrest warrant for him over alleged russian war crimes and ukraine. china hasn't condemned russia's full scale invasion and its force is struggling to make gains. russia will be hoping to send the signal that it has a powerful ally in beijing. rushes frontline in ukraine has advanced, retreated,

and dinged forward since it's a phase in a year ago. but one thing has stayed constant. european hopes that russia's biggest ally could push it to end the destruction of beaker, se, ship kit that is important for us at china. does not choose russia side or liberal . we expect china to fully use its influence on russia, your to bring russia to respect international law. well, tell us, you know, i said to president she, that it's important for china to exert its influence on russia. china has called for peace negotiations. last month, it released at 12 point piece played for the ukraine conflict that was widely condemned by the west hoover not making specific demands on russia. euclid could, indeed, beijing looks reluctant to clip russia's wings before russia invaded ukraine. both president, g and fulton declared a no limits partnership between their country. they've met in person since then and

president, she state visit to russia as a strong signal to the west way. and because m putin didn't win the war quickly, not to rethink its relationship while keeping this very strong alliance intact. so china's main focus is to make sure that it continues to trade heavily with the west white, also maintaining its close friendship with, with russia. but china may be offering russia material support in the war. us base security researchers say the chinese companies are exporting equipment to sanctioned russian defense firms. and the u. s. has warned that china may soon provide lethal support to russia. there is no evidence of that happening on a wide scale yet. china has taken on and increasingly combat of posture towards the u. s. i'm believe that as moscow's troops struggle on and ukraine,

china is working towards it's long term goal of expanding its influence on the global stage. so what do the russian on chinese presidents want from this meeting? i asked marcus kime, who's senior fellow at the german institute for international and security affairs . i think ross has more technical perspective on the bottom. that's what it meant on suppose all the crane war, political support, really curious about financial support economics on i think china as a way more strategic perspective needs running because of the crane. well, but because of it's more general and t, u. s. and the western stand, i mean, it has become a couple of years the kind of once a different world on an end to us world on and the western new world order. which i think since it already the internet and giving this roughly it's an important part

for china and it's really, it goes way over the grand. right. ok. so there's, there's a, there's a bigger picture than you crave. sticking with you credit for the moment, washington has warned beijing against providing military aid to russia in this war is president and g, likely to risk doing this? i don't think so. i think you will be quite hasn't to go right military to support in concrete terms of furniture in terms of weapons has to be afraid of western sanctions. me and i'll be interested in this kind of retail nation. well, we know that a couple of weeks which you need to develop and to build weapons in russia. and secondly, both countries are keen on developing trade and boosting trade. talk them on to

trade everything, $200000000.00 in the next year. and this will also support the economy, and the addition would be the increase of fir tony's export. the oil was also all rationing on me thinking all together, think china as a reliable alarm but will be, will be quite reluctant to be involved in the director. ready and so what else is likely to be on the agenda between these 2 presidents? i just mentioned another thing. we why the way that it's not a military lines, but it's true and it becomes more and more particularly for boosting trade. boosting the end of the corporation really quite important and this will also include. ready reputational gains for cooperation with the

russian point. they're not alone. and then, and if you and this is russian 30 to visit the countries of the global, new easy that needed to reach to close and independent living that thank you so much for joining us for some time from the german institute for international and security. thank you, is look now at us of all stores making the news around the world. japan's prime minister, because she do for meo, has arrived in india. a talk with prime minister read remoting is because she does expect you to ask for indian cooperation over the war in ukraine. delhi has so far taken a neutral stance. dennis capitals been gripped by demonstrations against president william router, the high cost of living in place of shooting in last year's election. protesters in nairobi were confronted by brian police opposition, leader, railroad dingo,

who narrowly lost to router in august called for the protest, hoping to harness the satisfaction of africa is brace for mass protest after the left wing economic freedom fighters. the party for a national shut down that monday the resignation of president still run a pose of the claim is economic mismanagement, violence sparked by protest 2021 led to more than $350.00 residents in the australian town of men in d. r, demanding or stores he's taking media action after hundreds of thousands of dead fish were found floating lydia by darling river levels of oxygen being late for the mass dial package down where police arrested more than 50 supporters of former prime minister in red hot we can clashes in islamabad left several offices injured, and the arrests come after terrorism charges were laid against the former cricket

legend and several aids ousted prime ministers already facing corruption charges, which he denies. the latest allegations are likely to increase existing tensions between mister hahn and the government. supporters of former prime minister in rome, con placement, police outsider court in pakistan's capital. they threw stones fired d a guess and smashed where he could spot ours. 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 near police the police when i arrived at the gate, or now i saw police and rangers on it everywhere. you wade me. it was immediately obvious that did it want me to attend to proceed on music that they've got the

wanted to kill or rest me. other police related cons. residence in the eastern city of la har, removed blockades, created by his supporters and attested at least 60 of them. um, they will log you with the since you have, are we starting to rest? people look at that. and again, for met with persistence, empathy, almost half supporters through stone, sash yoga, or despite a lot of opposition get by with the police cleared the area the and arrested people yet. and they got bought one. the hood nadia such official heading has been adjourned until march 30th. meanwhile, m ron han has announced a political really in the hot on wednesday to demonstrate his political power ah, in buddhist nigger, football labor crews and the only german site still in the europa league put

attempting buying unix title defense effort. shocking the host with a to want victory. after coming back from behind, joshua king micha put barton ahead of the 22nd minute, but that lead wouldn't last. labor cruising levels from this fall. and this fall like that from the cano turned into another penalty. the ground that police palazzo the conversion, the 2nd of the day results are just dormant, a favor as they overtake by ernest table leaders to the game. joshua image talked about what the defeat means for buyer. we're not at the top anymore. and so we're, we're to work more am to get better. we know that we have the really important games ahead, especially against normal at home. and we know now that we have to win william berlin, i, one of the strongest buddhist leg asides when playing at home. and they stuck to that script when they hosted frankfurt for the says came to berlin, where event, good head to had record against obtain of the eagles failed to fly, and

a 2 nil last to the bananas o noon berlin, a fortress in the league when plain in home were licking their wounds there for their european season. came to an end earlier in the week. but so did frankfort. and both sides were still looking for their 1st, but as they get, when in the month of march, things got cracking after they have time break. a look when i found moment from ronnie katira, a bit of pinball in front of gall in noon, take the lead. true to their strength and home own doubled their lead, less than 20 minutes later. substitute having barons. what for the b? stay with the in fired and sub security for the home side.

in the reverse fixture, it was frequent who got the center victory. this time, when you're in berlin, flip that score line and get the 2 new victory themselves. and they move up to 3rd place in stay right in shape. it's lea contention. so is look at the body as they get results on much day $25.00 ah, there arby union, and that then cruising wins mind strew with fryeburg oven. heim beat to head to berlin, dormant, destroyed cologne as struggling bochum a stunt. leipzig, outspoken chalka shaft, the spoils. osburg beach took garth and glad back drew with bremen. so as that leaf, abundantly a standing swell, dorman, dumb, moved by and munich out a 1st place. and union berlin move up to further followed by fryeburg in the bottom half often high moved from last to 15th. the relegation sounds now made up of hatter chalka and struck got a semi final of world baseball classic in miami,

approved to be a one sided affair, defending champions united states crushed cuba, $42.00 to reach tuesday's final well known fights. japan or mexico. us read that list and schooled in each of the 6 innings and the now on course become of the 2nd team to win back to back championships of the japan in 2006 in 2009 get more about this from a bobby scales at he's a former major league baseball player, executive and current at rank. you are color commentator for the detroit tigers. welcome to d. w at the wolf basketball classic. our played host. the 1st ever match up between team usa and cuba. yeah, very significant match up in the united states here in the world baseball class.

again, it was, it was it in the end, it wasn't exactly as people wanted to be, but a historic nonetheless. and you've also played professionally in japan and say, which of features a big stars playing in the us? absolutely. so he can eat you dar vision in it. and several other stars from the japanese team are, are, are currently in the major leagues. and also a very high standard of baseball that played in japan professional lead as well. and so are what is the war world baseball, classic media for the sport i think is tremendous of sports and opportunity for the sport to gained notoriety. we're why you see european countries like the czech republic had a team and got to the got to the full play around in this years world baseball classic, no professional league and check in czechoslovakia or in the czech republic, i should say, excuse me. and the teams that team was made up of doctors and lawyers and teachers in guys to just had regular job, but they love to play the game. so then you contrast that with the guys making

millions of dollars a yearly playing in the united states, just a lot of guys that love to play the game of baseball and that's on display right now. it's interesting about that contrast between the sorts of players in those teams, the professionals in the u. s. and the people doing it in a spare time, elsewhere baseball. what sort of penetration is it having outside the us? well, it's certainly growing previously, mainly just the caribbean. nations, venezuela, dominican republic, obviously the united states of america, korea, japan, taiwan. but you're seeing it grow in places like the united kingdom, u. k. czechoslovakia goodness, the czech republic in countries like germany as well. obviously, players like max kepler have been a star here in the united states for the minnesota twins for a number of years. and so it's growing world wide, it's growing slowly. certainly nothing like football, but it's on the rise. good talking to you. thank you so much for joining us up.

i'll be scales absolutely is look up. that's a whole story from the world of sport. we'll start with tennis and call us out caught us as a cruise past that, that it is made an indian wells title. spanish teenage sensation, one straight set. 6362 cards didn't draw percent 6 tournament matchers victory returns a 19 year old to the position and the embryo, utah jazz, does the boston celtics with the spare to come back and keep it on the clock here? because this remarkable game saving block by walking cast, just before the fun buzzer. what help see living tree? boston or she has claimed a records 70 rally mexico title, the 8 time world champion and built a comfortable 35.8 2nd lead on saturday. and one which he was able to protect in the final stage. i moved to the top of the overall standings with 56 points.

for 1st for canada as i triumphed in christ church for their 1st ever failed g. p. victory, canada beat home favors new zealand and the season leaders, australia. having to overcome some dramatic moments, canada sustained significant damage to one of their wigs early in the right of the stream, whether the bounce back making this story. when all the sweet yes, that team canada talking about their hard fought victory. we've had some ups and downs and especially coming out of a great group and then yeah, to get away on the back of that is pretty special. save, almost pretty pumped on site to get the weather new zealand. that's awesome and he has a good canadian with z. i sorry zealand and some good news for finland, which has been declared, the world's happiest country for the 6th gear and around the world happens report

examines the happiness gap between the top and bottom countries. populations says people in countries where that difference a smaller, happy edition to fill in the other doughty countries are well represented with all or in the top 10. while the friends that digest that the good news, we sent a report as the on to the streets of 9 robi lagos in cape town, to ask a fundamental question, what makes you happy? what makes me happy? why is the peace that relate to me? and my family spot of my happiness and knowing that he had up we are in a country which is peaceful, not more. i really got to go and do my pigs. that makes me lit up. coming out to hell. even if it's not someone you know, helping them out in their point of need, that makes me satisfied happy. and if i sit down to my friends and my family

members, georgia, my just a rated gym. i'm always happy. what makes me happy is my best friend, made that in my, my, me and my sister who makes me happy. think people happy makes me happy. my friends, this ones make me happy. going out and having fun mix me. what makes me happy actually is money because like i can use it to buy my stops and to travel the people they love out, my friends, my classmates, my plans and my family may ma'am in may black. yeah, that's what makes me happy though music makes me happy. and when i just he had the melodies when i just he had the lyrics and i just, he had the drama as an african. i'm already happy. before we go his reminder of our top story. mobile banking stocks down slightly after switzerland's biggest bang can you be as agree to take over?

isn't battles, rival credit suisse, the price of more than $3000000000.00 move aims to calm the sector. i made fears as an ongoing banking crisis could be stabilize the global financial system. so if you get, you can always get d w news on the go. just download our app from google player from the apple app store. i will give you access to the latest news from around the world as well as push notifications for any brain and set you up to date. global $3000.00 is up next looking at environmentalists and why they oppose of rochester. just a moment. i'll be back with a with

who tracking is making a comeback in the us. extracting boil and gas from deep layers of rock keeps energy prices low worldwide, but releases harmful methane in the process. disastrous for the environment and the

climate, but good for the wallet. rocking opponents, don't have an easy global 3000 next on dw eco, india. how can a country's economy grow in harmony with people and the environment? when there are doers who look at the bigger picture? india, a country that faces many challenges and whose people are striving to create a sustainable future clever projects from europe and india. eco, india. in 60 minutes on d, w. o blue

or shine rivers traded by waterfalls, throwing water particles into the air. b, trees and sweating out up to 1000 liters of water in a day or sea forest fires, evaporating large amounts of moisture tune in to get the answer and learn more about this phenomenon with a heavy, invisible river that flows through the sky starts march 23rd on d w ah ah, welcome to global 3000 cast old blessing in the us, the fucking and.