March 16, 2023: Credit Suisse, US Drone crash, South Korea and Japan, Trump, US Weather

March 16, 2023: Credit Suisse thrown $54 billion lifeline, US, Russia trade blame after drone crash, South Korea and Japan, Trump, California flood

1. Credit Suisse sought to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from Switzerland's central bank, after a slide in its shares intensified fears of a global banking crisis.

2. The Pentagon released a video showing a Russian military jet intercept a U.S. drone downed over the Black Sea two days ago, in what was the first direct encounter between the world's leading nuclear powers since the Ukraine war began.

3. The leaders of Japan and South Korea promised to turn the page on years of animosity at a meeting on Thursday, putting aside their difficult, shared history and pledging to work together to counter regional security challenges.

4. The Atlanta grand jury that probed ex-President Donald Trump's 2020 election meddling heard a taped telephone call he placed to Georgia's Republican House leader seeking to reverse Democrat Joe Biden's victory in that swing state, the Atlanta Journal-Constitution reported.

5. An atmospheric river dumped more torrential rain on California, forcing evacuations, power outages and road closures, while the remnants of a powerful Nor'easter blizzard buried much of upstate New York and New England under snow.

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