Credit Suisse Collapse Reveals Ugly Truth About Switzerland to Investors
Switzerland has for decades marketed itself as a haven of legal certainty for bond and stock investors. The collapse of the Credit Suisse group revealed...
Category : WORLD
Biden Signs Bill to Declassify Information on COVID-19 Origins
On Monday, US President Joe Biden signed a bill, the “COVID-19 Origin Act of 2023,” requiring the Director of National Intelligence to declassify information related...
Turkey Begins Ratifying Finland’s NATO Membership, Sweden Must Wait
On Friday, Turkish President Recep Tayyip Erdogan ended months of diplomatic delays and asked parliament to support Finland’s bid to join NATO quickly. Opponents in...
ICC Issues Arrest Warrant for Russian President Vladimir Putin Over War Crimes in Ukraine
On Friday, the International Criminal Court (ICC) issued an arrest warrant for Russian President Vladimir Putin, accusing him of being responsible for war crimes in...
11 US Banks Announce $30 Billion Bailout for First Republic Bank
The United States eleven biggest banks declared a $30 billion rescue package for First Republic Bank to save the California-based bank from becoming the third...
Banks Rush to Borrow $164.8 Billion from Fed to Boost Liquidity
Banks borrowed a combined $164.8 billion from the Fed’s two support facilities in the latest week, a sign of escalating funding pressures following the Silicon...
UK Bans TikTok on Government Phones Over Security Concerns
On Thursday, Britain said it would immediately ban TikTok on government phones, which followed other Western countries banning the Chinese-owned short-video app over security issues....
US Market Rebounds as Bank Stocks Recover from Silicon Valley Bank Collapse
According to the International Monetary Fund (IMF), Silicon Valley Bank’s collapse is not causing a global shock. The US Federal Reserve may opt for a...
Bharti-backed OneWeb Approves Deploying 40 Satellites, Post SpaceX Launch
On Friday, Bharti-backed OneWeb confirmed the effective deployment of 40 satellites which were put up by a SpaceX rocket and took off from a Florida...
China Backs Sri Lanka Debt Restructuring, Paving Way for $2.9 Billion IMF Lifeline
China has assured that it will upkeep Sri Lanka’s debt rearranging, clearing the largest hurdle for the South Asian nation to protect a $2.9 billion...
