March 25 (Reuters) – Russian forces attacked the northern and southern parts of the front in Ukraine’s eastern Donbas region on Friday, as Kiev said Moscow’s attack near the city of Bakhmut was weakening. WAR ZONE * Some 10,000 Ukrainian citizens, many elderly and disabled, are clinging to survival in squalid conditions in and around … Read more
OTTAWA, March 24 (Reuters) – President Joe Biden said on Friday that federal deposit insurance could be tapped for deposits over $250,000 if other US banks fail, expressing confidence that medium-sized US banks would ease industry tensions. to survive. Biden said U.S. banks are in “quite” good shape, people’s savings were safe and he didn’t … Read more
Fighting along the Donbas front as Russia goes on the offensive Kiev says civilians have been killed in an attack on a shelter Civilians in Bakhmut are on the brink of survival, according to the Red Cross Biden and Trudeau reaffirm ‘steadfast’ support for Ukraine NEAR KREMINNA, Ukraine, March 24 (Reuters) – Russian forces attacked … Read more
OTTAWA, March 24 (Reuters) – US President Joe Biden and Canadian Prime Minister Justin Trudeau presented a united front against authoritarian regimes on Friday as Biden visited the Canadian capital, days after the leaders of China and Russia held a summit in Moscow. Images of Biden and Trudeau standing side by side in Ottawa announcing … Read more
WASHINGTON, March 24 (Reuters) – The multi-regulator US Financial Stability Oversight Council agreed on Friday that the US banking system remains “sound and resilient” despite pressure on some institutions, the US Treasury Department said in its latest statement to calm jittery markets and bank depositors. Speaking to a private meeting chaired by Treasury Secretary Janet … Read more
COPENHAGEN, March 23 (Reuters) – Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. Three explosions last September on the Nord Stream pipelines built to supply Russian gas to Germany have become … Read more
KYIV, March 23 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Thursday urged Europe to increase and speed up the delivery of modern weaponry and impose tougher sanctions on Russia or the war could drag on for years. In a long and sharply worded video address to EU leaders, from a train, Zelenskiy said it was … Read more
March 23 (Reuters) – The Bank of England followed the Federal Reserve and Swiss National Bank in raising interest rates on Thursday as policymakers continued their battle against inflation in the face of the instability that rippled through the global banking system this month . Investors had wondered whether central banks could continue tightening policies … Read more
23 March (Reuters) – A look at the day ahead in Asian markets by Jamie McGeever. The Asian open on Thursday may depend on which of the conflicting narratives brought to the fore by late US trading on Wednesday investors choose to get involved: the Fed’s ‘easing walk’ or Treasury Secretary Janet Yellen’s comments about … Read more
ZURICH, March 22 (Reuters) – The fall of Credit Suisse (CSGN.S) has seriously damaged Switzerland’s credibility as the world’s leading wealth management center, experts warn, damaging Switzerland’s reputation for stability, regulation and corporate governance is questioned. Plagued by years of scandals and losses, Credit Suisse had been battling a crisis of confidence for months before … Read more
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