News UK
Global banking system is stable amid crisis, US treasury secretary says – BBC News
US treasury secretary Janet Yellen offered reassurance that the banking system is stable in a speech to bankers in Washington.
Yellen said the US government is prepared to help more banks if needed, saying their recent actions have demonstrated their “commitment to ensuring the banking system remains safe”.
Fears were initially sparked when Swiss bank Credit Suisse was bought by rival UBS on Sunday.
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#BankingCrisis #CreditSuisse #BBCNews
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Prime Minister Andy Burnham has told the BBC that PC Andrew Harper’s killers will remain behind bars as he announces changes to the early release scheme aimed at easing prison overcrowding.
In an exclusive interview with BBC Breakfast, Burnham said anyone convicted of manslaughter will be excluded from changes brought in under the Sentencing Act, which would have made the killers eligible for early release.
Burnham said extra prison spaces would be created by deporting “hundreds” of foreign prisoners and releasing some inmates serving indefinite sentences.
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Twenty-seven people have been killed and almost 400 evacuated after a Russian strike hit a warehouse near Kyiv, triggering a fire and a series of explosions.
Regional governor Tymur Tkachenko said a further 42 people, including four children, were injured after the Russian drone strike in the Bucha district.
An investigation has been launched into whether ammunition was being stored at the site, where search and rescue operations were ongoing early on Saturday.
Russia’s Ministry of Defence said in a statement that its forces had targeted “an ammunition depot” in the Kyiv region village of Myla, which stores “components and launch boosters for FP-1/FP-2 long-range unmanned aerial vehicles”.
Ukraine’s President Volodymyr Zelensky expressed his condolences to the families of the victims of the strike, saying that more than 300 emergency respondents had been deployed to the strike area.
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Norway’s King Harald V has died at the age of 89, after he was taken to hospital last week for treatment for a rare blood condition.
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At least 17 people were killed in the latest round of Russian missile and drone attacks, officials in Ukraine have said.
The country is seeing a surge in the number of civilian casualties, as Russian strikes exploit weaknesses in Ukraine’s air defence systems.
Capital city Kyiv was targeted in the recent strikes, along with cities in the east of the country.
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Every time you order clothes, groceries or household essentials online, there’s a chance an autonomous robot helped out.
Inside warehouses across the world, fleets of autonomous robots are changing the way orders are picked, packed and dispatched. Much of this technology is being developed in China.
Tech Now’s Suranjana Tewari heads behind the scenes of Geek+, the world’s largest supplier of autonomous mobile warehouse robots.
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@amitnandlaskar4468
January 10, 2024 at 2:55 pm
I am raising an Alarm for the common people of America. Don't take further loan. I pray to make you understand. If your country take further loan than you are going to never ever cot out of the debth . If you don't listen to this Alarm. The country will definitely end up in a civil war. This is the law of Karma.
@marvinfok65
January 10, 2024 at 2:55 pm
Yellen is sitting on a red hot stove while she said that the banking system is stable! It is the same as Stormy Daniels saying that she is a virgin!
@somboonpolsuk-qr6lq
January 10, 2024 at 2:55 pm
ขอขอบคุณครับ
@somboonpolsuk-qr6lq
January 10, 2024 at 2:55 pm
สอนนะครับแบบยอดนิยม….
@dany-pv9cs
January 10, 2024 at 2:55 pm
אתם נוצרים טובים
@Chris-fm1rk
January 10, 2024 at 2:55 pm
Means the opposite then.
@SonyaBeverley
January 10, 2024 at 2:55 pm
There is no more federal reserve… the banks are over!! Big changes a foot… get your money in gold asap.
@ivermektin6874
January 10, 2024 at 2:55 pm
They said this in 2008
@sethandruby
January 10, 2024 at 2:55 pm
Brussels Broadcasting Company (BBC) ?
1995 population 57.9 million people
2022 population 67.9 million people
Liberal & labour open door political system has created ?
A housing crisis, 6000 properties rented for illegal immigrants?
BBC promote that white English responsible for all atrocities in world
NHS meltdown ( new policy colour comes first?)
NHS managers not doctor’s & nurses, art works not buildings?
BBC spin every boat full of doctors & nurses ? LOL
10 million more using gp’s & dentist’s
Labour and unions trying to bring government down with general strike?
Crime crisis (rape, thief, grooming gangs not investigated )
Police only protect MP’s and have arrested 3300 for free speech?
Grooming gangs ( supposedly it’s a hate crime to criticise ? )
Power shortage ( when cold this winter thank a green ?)
Net zero is a joke, price 1 to 3 trillion pounds depending upon how fast the rollout?, 300,000 new engineer’s required ?
Nhs waiting lists, 10 million reason’s no beds ?
40 thousand pounds per illegal immigrant average spend ?( estimated cost 2 billion a year ? , that’s a large hospital a year ?)
High house prices, 10 million reason’s there are no houses ?
Terror attacks on streets but no police?
Conservitive party sign us back into EU 2.0 but no referendum ?
Five million on benefits but somehow we need immigrants?
Free speech outlawed, even thinking is now a arrest able offence?
@auro1986
January 10, 2024 at 2:55 pm
janet says bbc came and now economy lame
@dorothysandraking6458
January 10, 2024 at 2:55 pm
Disturbing on many levels, but for me what hit home was tech, a field which I have worked in for about 16 years and have just – happily – left. What really was tragic about tech was its financialization. So many companies more concerned with either an IPO or an inflation of their stock price than they were with creating value and solving problems. It led to all kinds of toxicity on the small scale, and lots of wasted money and talent on the large scale. But now I have come to understand that the reason tech has become like this is that it's a place to park cheap money.
@hadensmith3323
January 10, 2024 at 2:55 pm
Hey everyone, I've been keeping an eye on some stocks lately and wanted to hear your thoughts on the Best informed trading analyst. lets get a conversation going and share our perspectives
@schoolofhardknocks4501
January 10, 2024 at 2:55 pm
If Yellen or the BBC say that the banking system is fine, then that means you better get ready for a collapse. What any of these pair know about banking can be written on a postage stamp
@JohnSmith-fz1wh
January 10, 2024 at 2:55 pm
"Safe and effective" ROFL
@davidgray8321
January 10, 2024 at 2:55 pm
Strong and stable. Am'I riiittte?
@gazzz-yz7xc
January 10, 2024 at 2:55 pm
if they say it’s stable it’s not all bull in my eyes.
@williamshaw5388
January 10, 2024 at 2:55 pm
The WESTERN banking system.
Why does the corrupt west keep referring to itself as the “world”? It’s not.
@wolfpackzeroin2746
January 10, 2024 at 2:55 pm
The only thing it proves is that the United States is falling apart all they're going to do is print money and give it to the bank's inflation will go even higher you jackasses why don't you talk about that. United States has broke doesn't anybody know . Is this going to be another bailout. Who's paying for this
@itshardmakinganamefo
January 10, 2024 at 2:55 pm
It's not like Yellen has any incentive to say that everything is fine.
@detectiveofmoneypolitics
January 10, 2024 at 2:55 pm
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank