RBS Agrees $4.9bn Penalty to End US Probe

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Royal Bank of Scotland has agreed a $4.9bn penalty with US regulators. Ian Fraser, who wrote a book called 'Shredded', about RBS's downfall, gives us his reaction to the news. Also in the programme, as Argentina seeks an emergency loan from the International Monetary Fund, our reporter Daniel Gallas is in Buenos Aires to find out why the country has got into financial difficulties. We report from Kenya where a major search and rescue operation is underway, after weeks of heavy rain caused a dam to burst. We talk to Liv Garfield, chief executive of Severn Trent Water, who has just won the Veuve Clicquot UK Businesswoman of the year award. Plus the BBC's Adrienne Murray reports from the US on how a surge in demand for lithium for electric car batteries could mean more mining in the Nevada desert. (Picture: An RBS logo. Picture credit: Getty Images.)