Asian shares mostly sink on jitters after US bank failure
Asian shares have mostly fallen, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world.
Day: March 13, 2023
Biden Vows To Hold Those Responsible For Bank Failures “Fully Accountable”
President Joe Biden on Sunday vowed to hold “fully accountable” the people responsible for the failure of Silicon Valley Bank and a second financial institution, Signature Bank, as he sought to reassure Americans their deposits are safe.
Putin’s nemesis ex-president of Georgia Mikheil Saakashvili says he’s ‘approaching death’ after being poisoned in jail
FORMER Georgian President Mikheil Saakashvili is “close to death” after allegedly being poisoned in prison.
He’s considered a personal enemy of Russian President Vladimir Putin, raising further concerns about his health as many of …
Photos: Moira Macdonald on Oscar night 2023
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Ukraine War: Heavy Losses Reported As Battles For Bakhmut Rages
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Russian advances seem to slow in Ukraine city
Both sides suffer massive losses as Russian advances in the besieged Ukrainian city of Bakhmut appear to be slowing.
US, South Korea Kick Off Largest Drills In 5 Years
South Korea and the United States kicked off their largest joint military exercises in five years on Monday, after nuclear-armed Pyongyang warned such drills could be seen as a “declaration of war”.
Another Major US Bank Has Just Been Ordered Closed
A man entering Signature Bank in New York City on March 12, 2023. Reuters CNBC: Regulators close crypto-focused Signature Bank, citing systemic risk U.S. regulators on Sunday shut down New York-based Signature Bank, a big lender in the cryp…
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
The funds to reimburse depositors will be paid out of the Deposit Insurance Fund, which is made up of quarterly fees assessed on financial institutions.