Do Bank Failures Always Cause Recessions? | Economics Explained
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Europe’s leaders battle banking crisis as market rout hangs over Brussels summit
Germany’s Chancellor Olaf Scholz said Deutsche Bank is profitable after shares dipped more than 10% during European trading. Ludovic Marin…
UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation data paints a picture of the British economy. Bloomberg / Contributor / Getty Images U.K. inflation unexpectedly jumped…
Silicon Valley Bank collapse throws up uncertainty for a European Central Bank hoping to hike rates
Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central…
Something broke, but the Fed is still expected to go through with rate hikes
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary…
European stocks fall 2.3%, banks slide 5.7% after HSBC rescues Silicon Valley Bank UK
52 Min Ago European banks at the bottom of Stoxx 600 index; BAWAG down 9%, Commerzbank down 8% 3 Hours…
The U.S. imposed semiconductor export controls on China. Now a key EU nation is set to follow suit
An employee stands by cables inside a ASML Twinscan XT1000 lithography machine, during manufacture at the ASML factory in Veldhoven,…
China says U.S. relations have left ‘rational path,’ warns of conflict unless they ‘hit the brake’
BEIJING – China’s new foreign minister Qin Gang said relations with the U.S. have left a “rational path” and warned…
China sets GDP target of ‘around 5%’ for 2023
China’s economy is widely expected to grow by more than 5% this year. Vcg | Visual China Group | Getty…
What to expect from China’s ‘Two Sessions’ meeting kicking off this weekend
Delegates attend the closing session of the Chinese People’s Political Consultative Conference (CPPCC) in Beijing in 2022. Kevin Frayer |…
Here’s how much economists expect China’s GDP to grow this year
Workers make charging equipment for new energy vehicles at a workshop of Shandong Dingsheng Electric Equipment in Zaozhuang, east China’s…
The National Museum of Asian Art Will Hold on to Looted Artifacts Intended to Return to Yemen to Protect Them From Conflict
For the next two years, a cache of 77 looted Yemeni artifacts will head to the Smithsonian’s National Museum of…
The Brauer Museum Is Under Fire for a $20 Million Deaccessioning Scheme Its Founding Director Deems ‘Utterly Disgraceful’
Once again, an art museum has come under fire for plans to sell art from its collection. This time, the…
Turkey’s devastating earthquake comes at a critical time for the country’s future
Civilians look for survivors under the rubble of collapsed buildings in Kahramanmaras, close to the quake’s epicentre, the day after…
World’s largest drone maker is unfazed — even if it’s blacklisted by the U.S.
The world’s biggest drone maker DJI found itself embroiled in the Russia-Ukraine conflict last year. In March, three weeks after…
State of the union 2023 live updates: Biden to call for higher taxes on billionaires, stock buybacks
Moments Ago Jan. 6 survivor Sgt. Aquilino Gonell to attend address as Pelosi’s guest U.S. Capitol Police sergeant Aquilino Gonell…
Asia-Pacific markets to trade mixed as Fed says inflation on the decline
6 Hours Ago Economy is in the very early stages of disinflation, Powell says The process of getting inflation down…
Adani shares close higher after brief 35% plunge on Hindenburg jitters; Asia stocks mixed
48 Min Ago TotalEnergies says it has limited exposure to Adani Group companies French oil major TotalEnergies said its exposure…
What To Know About Privacy Data
The internet makes our lives more convenient but also brings about new threats that we need to be on the…
The FTX Disaster is Deeper Than you Think
In this episode we take a deep dive into Sam Bankman-fried (SBF) and the FTX / Alameda situation. Theranos: https://www.youtube.com/watch?v=3CccfnRpPtM…