u. s over that and let's turn to another struggling bank. moving over to europe. now, credit suisse in a short move the swift government, arranging a hasty take over by competitor u b. s. but is this a good deal? well i suppose that you asked the, is it a good deal? i dare say the credit suisse shareholders think it's a very, very bad deal. and on the u. b. s side looks like a pretty good deal. they've got lots of guarantees in place. they able to sue, have credit suisse for a pretty low price. so i would say for u. b. s shareholders, yes, it was like a very good deal. but for the credit suisse shareholders, it looks like a very bad deal. instead, a lot of the credit suisse trail that i think going be scratching the head saying wouldn't, we've been better office if they still have not gone through. it's not possible criticisms any worth about $3000000000.00 at the end of the day. it must be worth more than that to somebody anyway, so i think they're going to be saying this is a very bad deal indeed for us. okay, but i mean, looking at u b. s shareholders and yes, t

u. s. over 250000000, so there's a lot that needs to be done. okay, so just so i understand the bottom line. if i buy a dirty fossil fuel card to day and i still have it in 2035. can i keep it? you can keep it so you can keep running that car for as long as you want. essentially, i mean what the e was doing is they want to try to cut carbon emissions. transport is worth $24.00 or accounts for 25 percent of carbon emissions in that you so it's a big batch and, and they want to cut that down. it just means that the car that you buy, for example, would have, would end up being more expensive essentially in terms of um, the fuels needed to run it, the insurance, these kinds of things because they want to push you obviously to electric or maybe an if you will run current at and electric vehicles are looking to be less expensive by 2030, some studies say 10 to 30 percent more or less expensive. so maybe, you know, if you're purchasing a car, you want to think about those things to very well explain. thank you so much though . is osborne now the rust t

u. s. reaper surveillance drone high over the black sea. it makes a 2nd pass, repeating the process and then we're told the plane makes contact with the drones tail propeller. the video feed cuts out resuming 60 seconds later to reveal a damaged propeller blade. afterwards the drones remote pilots bring it down in the waters of the black sea. the pentagon said it would not be deterred by what it said was a patent of risky behavior by russian pilots in international airspace. the united states will continue to fly and to operate wherever international law allows and it is incumbent upon russia to operate as military aircraft in a safe and professional manner. russia's foreign minister said the us drone had not in fact, been in international airspace. honey report is to to touch the post nutshell. they totally ignore the fact that after the start of the special military operation, military declared that certain areas of the black sea had limited access by any aerial vehicle. and this defiant neglect of that objective fact makes one think, the

u. b. s has taken over credit suisse signature bank in the u. s. has also been taken over. i mean analysts in the space also decision makers have been saying to bank customers to investors that these words are instances of singular weak links try to convince them that this is not a greater systemic problem. and i mean, yes, what you do see, if you take a look at the docs index behind me, of course, germany's blue chip stock index is a lot of optimism since the morning bell rang this morning about building on a day of growth that we saw yesterday so, i mean, what we are seeing here, or what i should say is the fact that we're even talking about this problem with this, with bank, with these american banks, talking about it here from the german stock exchange, shows the global nature of this story. i mean, credit suisse is considered to be significant to the global financial system. so with this optimism that we're seeing in the markets today, it shows that the fire does seem to be contained, at least for now. you know, at the same time that things can change very fast. what i

u. s. over taiwan. we should strengthen national defense and army modernization, building the people's army into a great wall of steel that effectively safeguards, national security, sovereignty and development interests. we should actively promote the peaceful development of the relationship across the taiwan strait. resolutely oppose external interference and taiwan independence, separatist activities. earlier we spoke with correspondent fabi encroachment in beijing. we asked him how to walk us through. she's in paying speech on the last day of china's national people's congress. yeah, i think his speech was not really surprising. most of his talking points were to be expected. a car message was on economic self reliance using ping repeated several times at the country. i should pursue a technological autonomy. meaning that china yeah, should not depend so much anymore on the west for example, for air semiconductors, et cetera. and also a big message was concerning national security. he basically ment

u. s. has been operating drones over the black. the things before the beginning of the war that intercepts are not uncommon, but how unusual is it that the u. s. and russian military would come so incredibly close to each other or unique is the word that was used by the white house spokesman don't kirby there? this hasn't happened before. and that's why all alarm bells ringing. and if this had not been a drone, if there had been a pilot inside that would have been endangering a us life, this is more than a close encounter. it is actually a collision. and the big question is, if this is intentional, would this be seen as something that amounts to an attack that sets off a whole chain of potential reactions or all the way down the line to actually need to feeling attack. now this will not happen. the stakes are simply too high at this very moment in time, but against the backdrop of the us aggression on ukraine of actually a hot will being conducted where nato countries are supporting ukraine in that effort to defend itself. this is m

the swiss banks falling share praises re ignited concerns here at the new york stock exchange over the u. s . banking sector. after the government stepped in over the weekend to protect the depositors and shut down to you as institutions. these were regional banks and regional banks, which are less regulated in the united states continue to suffer. some of the sharpest declines on wall street on wednesday. but major banks were hit as well, like jp morgan chase city bank, bank of america. and others also seem declines ranging from 2 to 3 percent as investors worried whether or not these institutions can deal with rising interest rates and an unsettled economy. the scandals are really a sign that management is not where it should be. and i think that's the 1st thing that anyone looks at is that say, what does this institution have? good management? can we rely on that to take care of our money? if that can't be a resounding yes, that everyone is going to doubt everything else about the bank, but it wasn't just financial sector stocks that suffered on wednesday across the board. the markets to

u. s. defense department has just released footage that it says shows a russian air off intercepting a u. s. spy drone over the black sea on tuesday. now, according to u. s. authorities, this video shows a russian su $27.00 fighter jet, approaching the drone and dumping fuel over it. as the air craft passes closely by and washington is saying the jet collided with the drones propeller on a 2nd path. that collision isn't shown in this edited video released, although damage to the propeller can be seen later. and we will be bringing you more on that as it comes in. but we're going to go back to our main story now. and european markets are appearing to rebound off to switzerland's embattled bank. credit suisse secured a big financial lifeline. our concerns over the troubled lender had earlier than asian stock market's falling. credit suisse has said it will borrow up to 50000000000 euros from switzerland central bank and a bid to show up it's liquidity, meaning how much cash it has on hand to finance is business. the some collapses of to us banks last week have sparked growing fears. world wide jitters on the

u. s. drawing over the black sea, washington blames the incident on what it's calling a rec less act by russian sites and jets. u. s. officials say one of the jets struck the propeller of the unmanned reap a drone of the type seen here and file footage, causing it to crash into international war says it was not immediately clear where over the black sea, the incident occurred on what mission the drone was conducting a pentagon spokesman off of the u. s. defense department's take on what happened over the black sea. you know, we are continuing to assess exactly what happened. but i think based on the actions of the russian pilots, it's clear that it was unsafe unprofessional. and i think the actions speak for themselves what we, what we saw again we're, we're fighter aircraft dumping fuel in front of this, you avi and then getting so close to the aircraft that it actually damaged the propeller. on the m q 9. we, we assess that it likely caused some damage to the russian aircraft as well to our knowledge. we know that the aircraft, the russian aircraft did land. i'm not going to go into wh

u. s. over the war in ukraine. but potentially delta left. poland has become the 1st of ukraine's allies to commit to sending fighter jets. the polish president and re duda says also will deliver for make 29 jets in full working order. in the coming days with more to come, once they're checked. ukraine has been asking the west for jets for months to help its defensive efforts. stephanie deca had more from keith ukraine's really been asking for jack since the beginning of the war. it's significant, of course, it is the 1st time and need to ally ukrainian allies says that it is going to send for make 20 nines. there will be more in the next coming days. it's something that the allies have been discussing is something that keeps been asking for for a very long time. it is certainly a step up in the commitment of its allies when it comes to providing weaponry. it's also i've seen the arrival of some of the leper tanks and from poland as well as 9 other countries pick. you also mentioned by the us secretary of defense y

u. s. over the war in ukraine. but actually delta, while poland has become the 1st of ukraine's allies to commit to sending fighter jets polish president under duda, says warsaw will deliver for make 29 jets in full. were working ordering the coming days with more to come. once they're checked, ukraine has been asking the west projects for months to help it's defensive efforts . stephanie deca has more from keith, ukraine's really been asking for jet since the beginning of the war. it's significant, of course it is. it's the 1st time and a to ally ukrainian allies says that it is going to send for make 20 nines. there will be more in the next coming days. it's something that the allies have been discussing is something that keeps been asking for for a very long time. it is certainly a step up in the commitment of its allies when it comes to providing weaponry. it's also seeing the arrival of some of the leper tanks and from poland as well. 9 other countries pick you also mentioned by the us secretary of defense yes

u. s. surveillance drone over the black sea. the drone is similar to the one in these images. washington says an air collision center the drone, crashing into international waters. and if someone rushes ambassador, also coming up germany with its arms production and it ties to nato, should have one of the best equipped militaries in the world. but a new report says, even a promised 100000000000 euro upgrade has not been felt by troops. it was a fight by and before the death toll in malawi, nearly 200 now from cycling ready, recovery efforts, hampered in the southern african country by torrential rain and high winds. ah and told me on the logical welcome to the program. a brazen violation of international law, that's what washington is calling and in air collision between russian jets and a u. s. drone that then crashed into the black sea. russia, however, says it's jets, did not cause the crash. the incident marks the 1st direct encounter between the 2 world powers. since russia invaded ukraine just over one year ago. the u. s. m. q $93.00 per jerome. like the one in this file

u. s. has a sanctioned a number of chinese companies over there are legit supply of next to russia. if they, if they think we're supply weapons to russia, which the u. s. has claim, depends to beijing membership, denied this how it functions play out against china, given that china is one of the largest holders of, of washington's debt. well, yeah, this is a really good question about the number of us bonds with the chinese book. they went out and really invested a lot of money and sent their own people at the u. s. knew about the us. we're very happy for their own people to come and buy a huge amount of us government bond debt. now that's a really big problem to the united states because because they're relying on this constant buying of that debt and it trying to stops during the overnight, the u. s. economy is already in a mass, it could be a huge problem for them. and you know that the you commission, she 1st limited line is that into washington next week, i think on friday to discuss possible responses if pushing beijing with supply weapons to russia. do you foresee this rift be

u. s. downplayed the significance of the drone remnants, saying there's probably nothing left of real value. >> oren liebermann joins us from the pentagon tonight. oren, has the u. s. continue to operate drones over the black sea, even after that incident? >> john, we know from three officials familiar with the matter is that the u. s. is conducting an assessment of its run operations over the black sea. a look at what's gained, a look at what's risked, as they figure out how to proceed from this point. but we also know that even after the collision, there was at least one flight by a u. s. drone over the black sea. the same type of drone. mq-9 reaper. that flight, likely to survey the crash site and find out if the russians were making a move on some of that wreckage. we have since learned, as you heard there in the piece, that the russians have made a move on the wreckage, and have been able to recover a little bit of it. during this assessment, they're looking at where to go from here, what the expectations there will be more drone flights perhaps soon. >> oren liebermann, thanks so much for your reporting. perspective now from two people who've seen the spectrum of russian military behavior a

u. s. over the past year, which caught silicon valley bank short handed because they could not cover the loss of deposit when the interest that they were getting rebecca fan and journalist and media interpreter. thank you, rebecca. thank you. a father and his 8 year old son have been killed in a ukrainian artillery attack on a bus depot in the city of don. yet, fragments at a location have been reported to be of nato origin. our tea correspondent, roman coast, rest reports from the scene. 2 people were killed as a result of ukraine artillery shilling against residential areas here in done as a man had this said sacks. he went to strike, took place. fragments of the shell went right through the car right here. and right through this seat, as you can see, the blood is still there. so li, fragment of the shell went through the car and ended up right here, went through it through the body of a man with him in the car at that point for his wife. and of course, that's actually a driver as well to wife

u. s. over in the 2014 might on to and ukraine will not be a surprise. it was this on the civil war on attacks on russian speakers that followed as like directly to the conflict in a crate and over to africa way us vice president. pamela howard is on her 2nd day of a 3 nation tall in attempt to revive washington's waning influence on the continent . i'm very excited about the future about i'm very excited about the impact of the future of africa on the rest of the world, including the united states of america. well this is horace is a 1st trip to africa since taking office that she's also expected to visit tanzania and zambia. on monday, harris mentioned the importance of supporting human rights on the continent. some local politicians, head back and advise the us vice president to check our own nations track record before trying to lecture them. do you think the parliament of gonna is going to be guided by the opinion of the vice president of the country? that is one of the biggest abusers of human rights. please. economic analysts from africa. you have

u b. s. wants help from the swiss government for a possible take over. do you know what's being discussed here from what we understand from those who are close the negotiations, u. b s is offered $1000000000.00 for the take over would be an all share deal. and what it means is that basically shareholders would take a significant haircut here. $1000000000.00 means about $0.27 a share. the, the business closed area shares close at about a $1.70 on friday so you can see the kind of loss the shareholders would take. they want a 6000000000 dollars and guarantees because there are a lot of open questions around the business. i mentioned the legal troubles, the credit suisse has been in that there's a lot of money, potentially outstanding, their, their legal judgments against them, if their regulatory fines coming against them. and because the swiss government wants the steel to go forward because they have their foot on the gas pedal here, it's likely that u b. s will get a better deal than not. but there probably will also be pushback from credit suisse on the

u. s. aircraft over with the black sea. and the one of the incidence was, was the u. s. navy's m e p 3 areas in 2018 when the russians reacted in a similar manner. now's a difference here is that an e p 3 areas is an electronic reconnaissance plane which doesn't have any strike keep abilities. the m q 9 reaper however is equipped was how far missiles and we all have heard of the use of drones by the us in afghanistan and so on. and you know, what kind of damage they can do. so the primary task was as drone is to strike targets and the secondary purpose is to collect intelligence. so having a drone and the black see obviously because a, you know, russian knows that ukrainian armed forces are relying on intelligence from the united states and relying on their kind of reconnaissance network having that report drone and the black sea right now is a danger to russia, especially in light of the attacks that have been conducted on crimea earlier on in the war. so obviously it would sat off a lot of alarm bells in russian's hads, even if it wasn't to strike any targets in crim

u. s. drone over the black sea. the video shows a russian fighter jet coming very close to an unmanned american drone. the later crash, the kremlin is standing by a different story. also coming up to die, poland, promising to deliver ukraine for of its mig 29 fighter jets in the next few days. but will the move inspire other native members to do the same? and protest was in france expressing their outrage at president emanuel microns decision to force through pension reform plant. micron says he's using special constitutional powers to push through unpopular changes without a vote in parliament. and is really president benjamin netanyahu defending proposed judicial reforms in his country. than yahoo was here in berlin today for talks with the german chancellor israeli leader praised israel's strong partnership with germany. ah, i'm bringing up to our viewers watching on p b. s in the united states and to all of you around the world. welcome. the u. s. defense department has released footage that it says shows a russ

u. s. over worn ukraine and tensions with taiwan. katrina, you joins us now from beijing. so katrina, what has a new foreign minister had to say and what are the objects likely to be well for me sitting down here, this opened his press conference there on tuesday and he started it by basically saying china is back after 3 years of looking in woods in dealing with the pandemic at china is ready to go forward. and what he said was, press the fellow acceleration button when it comes to doing it's diplomacy initiative. and what will that look like? what will it look like as china brings itself, was gave us a little bit of a taste of that. he said that china is projecting itself as a protector of wolf heath, and global cures. each a defender multilateralism, that it will appear a gemini and cold woman policy as well as the coupling. and we need lateral sanctions. now he's only just begun speaking, but it's very clear already from his comments that china go hoping to go forward and stand. in contrast to the united states and it wants to really speak to not particularly the weste

u. s. over the weekend. yeah, i think we can definitely draw drawer a parallel so that, i mean, we saw the silicon valley bank, you know, collapse over night seemingly. there was a lot of analysts saying that would be a knock on effect. how if i don't think we could predict just how much mean credit suisse switzerland, this is world renowned as being sort of the, the bank neutral territory of the world. but what a lot of people don't know p 2 than 2012. this is the government really tore up that sheets, and this is, this is the country the even, you know, in the 2nd world war bank for the nazis, they really bank for everyone. they told a sheet sheets up and they said we will report everything to the u. s. and we'll stop following us fiscal policy. now we're seeing what happens when you do that. saudi arabia, which is the largest shareholder of the bank, the saudi national bank, actually is who we just had the, the chair of that organization said no way. we're not going to build that out. now . it big questio

u. s. over by an f. 16 jets in favor of russian or chinese equivalent class is the a quick stricken country 6 to review expenditure almost 85 percent cover was rail transit occurs.

u. s. over war and ukraine, taiwan jelly level. we will take it as a mission to defend china's interests. we firmly oppose any form of gemini and power politics. we firmly oppose the cold war mentality is based confrontation and acts to contain and hold back other countries development. we will resolutely safeguard china, sovereignty security and development interest. katrina, you has more from beijing. i think very early on what was interesting is chin gung, referred to his china's relationship with russia defending that bilateral relationship. he said that this was based on non alliance, non confrontation, that it does not target any 3rd party any hit back at any countries. specifically, the u. s. other european countries viewing that relationship through what he said was a cold war lens. and he said that it was crucial for the balance of world power, multiple narrative that russia and china continue to work together. and indeed the judge and the ones that that relationship has only gone from strength to strength. so what that me

u. s. military has just released video of the encounter between russian su 20 something. the jets, the u. s. road. there's been a growing war of words between moscow, washington, over the u. s t road crashed him to the black sea of the 1st time in 12 years, the leader of south careers in japan. the 2 nations say they want to rebuild security at economic ties. in the face of continued threats from north korea, japan is hosting a defense show where a joint fighter jet project with the u. k at italy is to to take center stage the asia pacific region is witnessing a rapid military build up with several countries, including japan, increasing their defense budgets flores, louis reports. this might, japan's next generation stealth fighter will look like it's a joint project with the u. k and italy mocking japan's 1st major military development with a partner other than the us since world war 2 and less say security considerations in the region are changing, driven by 2 main factors, prompting countries to rethink the defense strategies. well 1st, the main challenge seems to me is north korea is continually testing a ballistic missiles and violating un sanctions are becaus

u. s. over the weekend. yeah, i think peter, there's no other way to really look at it. right. we saw silicon valley bank again about none of us that really heard up until a week ago. but quite a prominent bank in the u. s. top 50 bank really collapse defense. the overnights and then you know, we, everyone thought when i didn't gave a speech on monday that may have sort of calm the markets, but evidently hasn't. we've just seen this sort of knock on effect happen to the bank. credit suisse is a very, very important bank. it's, it's one of the largest bags in switzerland. it's a play. it's a bank that really settles a lot of financial transactions globally showing that no could affect really clearly shows that whatever the us we're trying to do to calm the war hasn't really worked and it's affecting their partners. now, there may, do you think this will have an impact on the value of the euro and the dollar? yeah, i think it will piece. i think that, you know, what i think people tend to do in these scenarios are sort of speculate really. we should do is, i believe, as an econom

u. s. defense department has released footage to back up its complaint that a russian aircraft intercepted a u. s. drone over the black sea, according to you as the authorities. this video shows a russian su 27 fighter jet, approaching the drone and dumping fuel over it as the aircraft passes by in close proximity without appearing to cause any damage to the drone. but washington says the jet did collide with the drones propeller on a 2nd pass. and that pass is also shown here, with actual collision isn't visible in the editor at video released by the pentagon . although damage to the propeller can be seen later. after the picture is re established right there and we earlier, we spoke with military analyst frank leverage and asked him what stood out from the video. the 1st thing that's flagrantly obvious is that this was a deliberate action by the russian fighters. it seems that they were in the vicinity for more than half an hour, and that would indicate as well that there was some element of permission or did command to this 2nd thing is by dumping fuel as you see there on the screen. now that so the inten

u. s. over the war and ukraine, as well as taiwan brushes, defense minister is visiting areas in ukraine under moscow's control. sag a show you toward the city of merrier poll to see we construction efforts, eastern ukrainian said he has been on the russian control since may. the opposition alliance in turkey has named kemal kill it, delux as its candidate to run against president recham tape it on in elections in may, kill it. delux husband, the lead of the main opposition party, the c h p. since 2010. his last 3 elections to president had one will bank has reportedly planning to hold talks, which nicea over an immigrant comment made by the president case said he's been accused of racism of declaiming that there was a criminal plot to change the country's demographics through irregular migration, those headlines a journey of discovery and one now manian mans exploration of his religious heritage. how has the big latasha survived for 700 years despite a volatile history of oppression? alger 0 wo

tensions between china and the west, including over the status of time on russia. defense minister has decorated the pilots of the 2 fighter jets that intercepted a u. s. strong over the black sea on tuesday. the pentagon says a video it's released shows one of the russian plains dumping fuel on the drone. washington is called russian conduct in the incident, unprofessional, and is responsible now, there were to mulder scenes among the porters, the farmer box fanny prime minister in brown con, as he attended a court hearing in the hall, supporters of the extra ghetto. i'm former prime minister mopped his guard as he traveled to the court house. khan had been refusing to leave his home until a warrant for his arrest was cancelled. dozens of cases have been filed against con, since he was removed from office by parliament, da. still. he denies any wrong doing. he got you reported venus. java asked abroad con, what solution he could offer the salt pakistan's political crisis. there was always only one solution. free and fair elections. the reason why there is a political chaos right going by august on because we have a hodgepodge of a government which ha

u. s. was recently supporting protest in georgia, supporting protests in iran, shall i say, fueling, creating and supporting the protest that they created in george and iran. and that is a typical over colored color revolution style moved by the u. s. and now they're trapped by the contradiction of not being able to really respond to what happened in, in paris and from the looks of things. what's about to happen in germany. what, what, what indeed. yeah, you did mention mentioned not just that he indeed present. monro micron did coal, the protests in iran revolution and condemned the iranian authorities for cracking down on the protest as the i mean does have like sunday. now no limit. what we see, you know, is, are there 2 things? you know, i've heard this before and i was saying, and in the us what you say, what, what you are speaking so loud that i can hear what you say. so you know the us empire, vassals, i do not consider emmanuel, groan, the president of france. i consider him a governor for the us empire of, of a colony. but the america, you know, the world is listening to the, the rules bass order proclamations by antony blank and use your secretary of state . they're lookin

u. s. drone over the black sea by dumping fuel on it and damaging it's propeller . the russian defense minister praised the pilots for successfully defending russian air space. the u. s. it says it's drone was flying in international airspace. it has condemned the russians actions. at least 4 people had been killed after a russian drone struck a student dormitory, 80 kilometer south of the ukrainian capital keyed the attack took place at dawn on wednesday. just hours after japanese prime minister had left key following an official visit. a school and 2 dormitories were partially destroyed in that attack . that john attack one of several launched by russian forces on cities across ukraine. this wednesday, ukraine's president bodamer zalinski. he spent the day visiting troops on the front line in the eastern. don't ask region. the unannounced visit was his 1st there since last december, and it was meant as a morale boost for ukrainian troops. you were fighting to retain control of bach mood, a city that has been under russian bombardment for months. boosting the morale

u. s. aircraft forcing the u. s. military to down it over the black sea. not only is this unacceptable, it's also dangerous, so it was no longer intentional bots. the answer section was still, quote, unprofessional, reckless and dangerous. not bare drone flying in the no fly zone, no russia intercept, and it was dangerous, and it was not america's actions. pushing the world's words, the verge of world war 3. no, but russia apparently, and they're still staring the pots with some americans now calling for even more drones in a move that could really turn into an epic show down. well, we should hold them accountable and say that if you ever get near another or you asset flying in international waters, your airplane would be shut down. what would ronald reagan do right now? he would, he would start shooting russian planes down if they were threatening our assess american foreign policies in free fall. i can't add much to what you've said. all i can tell you is it on multiple fronts. were in a danger situation, weakness breeds provocation. they spy balloon ove

so geisha who have discussed tuesdays drone incident over the black sea. the u. s. military says it's surveillance drone was in international airspace when a russian jet dumped fuel in it and clipped it's propeller, causing it to crash. defense circuitry. austin had strong words for moscow. 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 russian jets dumped 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 and risky and unsafe actions by russian pilots in international airspace. now i just got off the phone with my russian counterpart minister showing as i said repeatedly, it's important that great powers be models of transparency and communication in the united states will continue to fly and to operate wherever international law allows . d, w correspondent, c

u. s. banking sector is stabilizing after recent worries over the state, u. s. banks, and some high profile collapses, rattled the industry. the a beat assessment comes from us treasury secretary, janet yellen speaking at bankers association, meeting on tuesday, saying the steps taken to protect deposits, had shown us banking system as safe and had strength and public confidence. she also said, authorities were ready to take similar actions to protect small institutions if they suffered, runs on deposits. and james sweeney is in new york with more on this. james allen's comments appear to be helping to lift a banking stocks in tuesday, trading with 1st republic leading the pack that's. that's correct. janet yellen has pretty much come into the rescue today. her comments alone led the way for more than 50 percent in today's search. today for 1st republic, a much needed bounce back for that company. and for those wondering what you said, well, you know, i'm pretty much pledged or support to the u. s. banks in a bid for ease the financial for the fears of financi

u. s. insist the drawing was over international waters and posed no threat. the kremlin says relations with the u. s. o. in a lamentable state. the defense ministry denies that its jets came into contact with the aircraft. the incident, the 1st such direct encounter between the 2 military power since the ukraine war began. whitehouse correspondent committee health that has more on the us reaction the you know, spokesperson for the national security council, john kirby speaking to the american public, but also to the broader global audience. talking about what was conveyed by the united states to the russian ambassador to the united states as he was summoned on tuesday. and it was a very, very strong message, essentially, following that incident in the united states defended its mission to saying that there in us national security incest interest, that they are perfectly legal over international waters. and that they will continue doing so. and that russia needs to be more careful in the eyes of the united states. with regard to the recovery of that m q 9 to ra

u. s. strong over the black sea prompting fears of a direct confrontation between the 2 military super powers. ah, thank you very much for joining us. so we begin. we're in malawi, where tropical cyclone freddy, has killed at least 225 people and displaced thousands. it's one of the most powerful storms to hit the southern hemisphere. devastating parts of side the ether, africa. after making landfall, twice cycle and freddie has mostly subsides now, but aid workers say the situation on the ground is still dire. tens of thousands of people have been displaced by flooding and lance lights. by not argue long video while ago, when i was, we were told we are going to receive some help. we lived down town by the mangroves . all the houses are gone as the day before yesterday. you've had no food. he said he'd be put up. he got amazing. well, how was destroyed and we don't have a place to stay. there's no food and there's no way to build a new house because we have no money, no, only live now to my law. we and al jazeera tommy miller, who is joining us from the southern city of blan tie, give us an u

u. s. military says the unmanned drone was over international waters and posed no threat. let's bring in our correspondence. she had her tansy, he's joining us live from washington dc. it's a very strongly worded statement from the u. s. government, as you'd expect, she had. what more do we know about the incident? what more they're saying? will answer the curve at 7 am local times a 6 a m g m t. in fact, 2 russian fighter jets had been shadowing, this reaper drone, which the us says was over international waters, a spider. and clearly an area of sensitivity to the russians that the russians could. you feel that, you know, with a black seed, the vicinity of crimea, this is their sphere of influence. it's actually pretty common. i think that we have that kind of shadowing between adversarial fighter drabson and aircraft, and drones in this area and other regions around the world. what's different, of course, is this collision, but i will read out a little bit from the statement from us european command. and all we have right now is consummation from the u. s. as we said, we

u. s. drone over the black sea washington saying that the incident was what it is describing as a reckless act by 2 russian fighter jets u. s. officials say one of the jets struck the propeller of the unmanned reaper drone one, like you see right here in our file footage, and that it caused it to crash into international waters in the black c. u. s. air force official says that the maneuver almost called one of the russian place to crash as well. all right, let's get the latest now from a corresponding washington mckellar group number killer according to the u. s. military, this incident was not an accident. what was it? yes, we actually heard from the pent again now that at 430 to 40 minutes, those russian fighter jets were in the vicinity of that us drone and only then did they approach it. and in the end and one of the fighter jets touched one of the propellers, which was described as a reckless and dangerous maneuver of by the u. s. side, which caused the drone to become an maneuverable, unmanageable. and then the u. s. decided to bring the drone down themselves, the u. s. military act