Friday, March 17, 2023
US markets fall despite $30bn rescue deal for First Republic
NEEDED] despite a $30bn rescue deal to bring back confidence to the
banking sector.
It comes after the news 11 banks were clubbing together to provide
money to help shore up First Republic bank.
Nick Harper reports from Washington.
IN: "Banking giants..."
OUT: SOC
DUR: 36 seconds
http://www.fsnradionews.com/feeds/0317banks-nh.mp3
TANZANIA MYSTERIOUS DISEASE
OUT: SOC
DUR: 45-Secs
Nigeria Records Decrease in Terror Deaths, Ranked 8th in Global Terrorism Index
Indian government ramps up COVID measures seeing an upward rise in infections
State authorities have been told to step up testing, tracking and vaccinations.
Sreoshi Mukherjee reports from New Delhi
IN: More than 6 states...
OUT: SOC
DUR: 41 seconds
UK's passport office workers join worst labour unrest in decades
Most of Britain’s passport office workers are set to strike for five weeks from next month, in a dispute over pay.
The UK is experiencing the worst labor unrest in decades, as strikes across multiple sectors cripple daily life.
Nina-Maria Potts has more:
IN: “ More than a…
OUT: SOC
DUR: 43 seconds
Indian ruling party MP calls for senior opposition to be expelled from Parliament
Intro:
A Member of Parliament of the ruling party in India is calling for senior opposition party leader Rahul Gandhi to be expelled from the parliament.
Allegations are that Mr. Gandhi defamed India – in one of his recent speeches at Cambridge University in the UK.
Mr. Gandhi is considered to be the de facto leader of the opposition in India, even though he doesn't officially hold the post.
Ishan Garg reports.
IN: An MP of the ruling...China rejects international security concerns over TikTok app
China is dismissing international security concerns over the use of the popular TikTok app. It comes as New Zealand, the UK and the US have all banned the use of the app on government phones. Richard Kimber reports from Hong Kong.
IN: China says
OUT: SOC
DUR: 0.46
LINK:
Japan and South Korea resume diplomatic visits after 12 years
Japan and South Korea are vowing to resume diplomatic visits amidst warming ties between the two countries.
It follows the first in-person summit between their leaders in more than a decade.
Chris Gilbert reports.
IN: Japan’s prime minister
OUT SOC
DUR 0.47
Thursday, March 16, 2023
US regulators welcome moves to stabilise markets
Major US banks have injected $30 billion to rescue troubled lender First Republic Bank.
The unusual move marks an attempt to restore calm and stabilise the market following a volatile week.
Sally Patterson reports.
IN Possible support of
OUT SOC
DUR 1:01
US bank First Republic receives $30bn to prevent collapse
fears it could collapse in the wake of Silicon Valley Bank's demise.
11 banks are contributing money to shore up the ailing institution
which has seen its share price plummet this week.
Nick Harper reports from Washington.
IN: "The aim..."
OUT: SOC
DUR: 38 seconds
http://www.fsnradionews.com/feeds/0316banks-nh.mp3
US stocks climb following First Republic Bank support
US stocks rose Thursday after reports that several major banks were considering a deal to shore up troubled lender First Republic Bank.
The unusual move marks an attempt to restore calm and stabilise the market following a volatile week.
Sally Patterson reports.
IN Possible support of
OUT SOC
DUR 55
US drone strike video proves Russia is responsible, but not clear if collision intention, says White House
The US cannot say for certain whether Russia deliberately took down an American surveillance drone earlier this week over the Black Sea, but a senior White House official insists newly released video of that incident "demonstrates the US narrative" of events and proves that Moscow's account is a "flat out lie."
John Kirby, the National Security Council's Coordinator for Strategic Communications, said on Thursday that whilst "it's not clear that pilots intended to strike the drone," he nonetheless described their flying as "extremely aggressive, incompetent and at best reckless."
Benji Hyer reports.
IN: A short
OUT: SOC
DUR: 40 secs
http://www.fsnradionews.com/feeds/0316kirby-bh-generic.mp3
French government forces pension reform legislation through parliament
The prime minister faced calls to resign on Thursday after the legislation to raise the retirement age from 62 to 64 cleared parliament without a vote.
Ross Cullen reports.
+++
IN: "The French government..."
Yellen reassures Congress that US banking system is strong
The US banking system remains strong in the wake of the recent collapse of two American banks - according to the country's treasury secretary.
Janey Yellen sought to reassure lawmakers - and markets - in testimony on Capitol Hill on Thursday.
Kate Fisher reports from Washington.
IN: Treasury Secretary
OUT: SOC
DUR: 42
LINK:
European Central Bank raises interest rates amid banking turmoil
The ECB is trying to control inflation in the eurozone, which is currently at 8 per cent.
Ross Cullen reports.
+++
US Treasury Secretary reassures public following SVB collapse
banking system is sound - and that their deposits are safe.
She's testifying before the Senate Banking committee - in the wake of
the collapse of Silicon Valley Bank and Signature Bank - the worst US
banking failures since the financial crisis of 2008.
Yellen reiterated that no taxpayer money was used to shore up the banks.
IN: "This week.."
OUT: "...need them."
DUR: 36 seconds
http://fsnradionews.com/feeds/0316yellen.mp3
ECB vows to respond with market turmoil, pressing ahead with interest rate hike
The European Central Bank has announced a 0.5 point increase in eurozone interest rates, and says it stands ready to respond to market turmoil.
It’s not what markets were expecting, amid concern a significant increase in borrowing cost would fuel further market anxiety.
Laura Makin Isherwood reports from London
DUR: 1:15
UN: Massive rise in cocaine trafficking
cocaine supply should put everyone on high alert.
In its latest Global Report on Cocaine the office reports record
levels of cocaine production worldwide post-pandemic.
Jody Jacobs has more from the UN.
IN: The pandemic...
OUT: SOC
DUR: 35"
http://fsnradionews.com/feeds/0316-cocaine-jj.mp3
Nigeria To Hold First Census in 17 Years
INTRO
Nigeria will hold its first census in 17 years in May.
Authorities say the census is to capture changes in the population that would influence public policy and investment decisions.
Correspondent Ajeck Mangut reports from Abuja.
INTRO: "Census officials...
OUT: SOC
DUR: 49"
Clip: http://www.fsnradionews.com/feeds/1603Nigeria'sfirstcensusin17years-AM-generic.mp3
Indian startups rush to deposit money domestically after SVB crash
Intro:
Indian startups are quickly moving their money from the crisis-hit Silicon Valley Bank to India's first financial service center.
GIFT city in the West Indian state of Gujarat is inviting entrepreneurs to move their funds to domestic banks.
Ishan Garg has more from New Delhi.
IN: GIFT city officials...