President Biden has attempted to shore up the US banking system following the second-largest bank failure in US history.
The US is racing to contain the consequences of the collapse of Silicon Valley Bank, the largest American bank to fail since the financial crisis in 2008.
President Biden has attempted to shore up the US banking system following the second-largest bank failure in US history. People are being assured their money is safe. Silicon Valley Bank was a key tech lender, both domestically and internationally, and an offer has reportedly been made to buy out its British arm.
Leaders from the US and UK are set to unveil a nuclear submarine deal with Australia, to counter - what they say is - the growing threat from China in the Indo-Pacific.
India's Supreme Court is today considering whether to legalise same-sex marriage. The government has urged the court to oppose the measure.
And the 95th Academy Awards, the Oscars, has been underway in Los Angeles. Michelle Yeoh became the first Asian to win best actress.
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- Mon 13 Mar 202305:06GMTBBC World Service
