United States

Tuesday, March 28th 2023 - 10:30 UTC
Relief in the financial sector, North Caroline bank takes over collapsed Silicon Valley bank

The banking turmoil, and fears, seems to be easing as assets and loans of collapsed California Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares.
Tuesday, March 28th 2023 - 09:59 UTC
Gunwoman kills 7 in US school

A 28-year-old woman entered the Covenant School in Nashville, Tennessee, wielding two rifles and a handgun and opened fire, killing three children and three adults in what turned out to be the 129th mass shooting in the United States since the beginning of the year. The attacker was also confirmed dead after the incident.
Monday, March 27th 2023 - 10:20 UTC
Trump launches presidential bid in Waco, Texas

Former US President Donald Trump kicked off his campaign to return to the White House by denouncing a “witch hunt” against him during a meeting in Waco, Texas, where 30 years ago an armed cult clashed with federal authorities.
Friday, March 24th 2023 - 09:57 UTC
US adds 3 Paraguayans to list of significantly corrupt officials

The US State Department has added three Paraguayan nationals to its list of “significantly corrupt” officials just one day after signing a new arrangement with the South American country whereby military engineers would assist in future waterway developments.
Thursday, March 23rd 2023 - 10:48 UTC
In a display of firmness, the Fed increases the key interest rate by a quarter point

Despite concerns of a possible recession and increased banking turmoil, the U.S. Federal Reserve extended its year-long fight against high inflation on Wednesday by raising its key interest rate by a quarter-point.
Wednesday, March 22nd 2023 - 10:35 UTC
Crucial week for the Fed's Powell and the US banking system

Several banking failures in the US this month have raised fears about the health of the financial system. The collapses follow a sharp rise in global borrowing costs, led by the US, which has shocked the world economy and raised worries about a painful downturn known as a recession.
Wednesday, March 22nd 2023 - 10:11 UTC
Landmark UN Water conference in New York to address climate change and drinking water

Leaders will gather this week in New York City for a landmark United Nations conference, an event expected to focus on the rising toll of the climate crisis and the effort to provide clean drinking water to a global population of over 8 billion.
Monday, March 20th 2023 - 16:08 UTC
It’s the Banking Regulations, Stupid

By Antonio Floglia (*), LONDON – Rather than developing a robust understanding of the errors that led to the 2008 global financial crisis, politicians and the public demanded that supervisory authorities simply double down on regulation. So, that is what they did, and we are now seeing the results with the sudden collapse of Silicon Valley Bank.
Monday, March 20th 2023 - 16:05 UTC
Network of leading Western central banks ready to inject the necessary dollars liquidity

Leading central banks of the West announced on Sunday a coordinated action to provide liquidity to the financial system through the US swap liquidity line arrangements. The statement was signed by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell and becomes effective Monday 20 March.
Monday, March 20th 2023 - 15:47 UTC
Curfew imposed in Miami Beach after fatal shootings

Miami Beach authorities declared a state of emergency and imposed a curfew after two nights of Spring Break shootings that left two dead and two wounded, it was reported.