The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and the emergency merger of UBS and Credit Suisse were not the end. Even after the experiences of 2008, it was not possible to regulate the … Read more
Wall Street closed the week with increases of more than 1% in its main indicators despite concerns about the banking sector and the echoes of the financial crisis, focusing more on the messages and actions of US financial and monetary policy makers. The Dow Jones Industrials, which fell slightly last week, accumulates this time a … Read more
The National Aeronautics and Space Administration (NASA) rover Perseverance, which has been conducting exploration activities on Mars for two years, recently captured the appearance of floating dawn clouds on the red planet. The new cloud image recently released by NASA’s Jet Propulsion Laboratory (JPL) was taken with one of the rover’s navigation cameras just before … Read more
Buenos Aires The world champion completes his first game after the World Cup. It’s going to be a lavish fiesta. Messi speaks, thanks and scores. It is his 99th goal in the Albiceleste, the 800th of his career. Lionel Messi kept stroking the World Cup trophy tenderly, taking a deep breath and greeting the more … Read more
The Army Command – Directorate of Orientation announced, in a statement, that “on 3/22/2023, after information was available to the Intelligence Directorate about the kidnapping of the citizen (W.W.) by force of arms in the Khaldeh area with the aim of obtaining a financial ransom, an army force, in coordination with With the aforementioned directorate, … Read more
Regional banks in the US stock market on the 21stFirst Republic Bank rebounds sharply. On the previous day, the stock closed at the lowest price since the IPO. JPMorgan Chase & Co. has been well-received for offering a new plan to help the First Republic. First Republic shares soared nearly 60% at one point.in the … Read more
The global economy heavily relies on the banking system, making it one of the most significant components of any country’s financial infrastructure. However, the COVID-19 pandemic has caused significant disruptions in the world’s financial sector, leading many to worry about an impending global banking crisis. While banks have faced numerous challenges in the past, the … Read more
The Korea Brain Research Institute (KBRI, President Suh Pann-gil) announced on the 21st that the research team led by Hyang-sook Huh, Ph.D., a senior researcher in the Degenerative Brain Disease Research Group, first discovered that the drug ‘abemacicli mesylate’, which is used as a treatment for breast cancer, is also effective in treating Alzheimer’s disease. … Read more
Credit Suisse’s Other Tier 1 bonds (AT1 bonds) will be worthless after Swiss bank UBS Group agreed to buy Credit Suisse Group AG, but some of the largest holders of the bonds include U.S. Pacific Corp. Includes Investment Management (PIMCO) and Invesco. More than 2 trillion yen in Credit Suisse bonds are worthless, and the … Read more
A handful of regional banks that, just a few weeks ago, were small players in the giant U.S. banking system, are now at the epicenter of a crisis that has rocked America. The turmoil at regional banks has also involved billionaire investor Warren Buffett and JPMorgan Chase & Co. CEO Jamie Dimon. Mr Warren Buffett … Read more