Banks should increase use of ‘discount window’ to prevent crises -expert group
(Reuters) – Commercial banks should prepare to borrow more readily from central banks to limit contagion in times of stress and discourage runs by depositors, an expert regulatory panel said on Tuesday…
Amid international crises, US Congress handcuffed by Republican feud
By Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) – As the flames of war burn in the Middle East and Ukraine, the U.S. Congress is immobilized by a brawl among Republicans, a…
Analysis-Fixing oversight culture may be biggest challenge in averting future bank crises
By Douglas Gillison (Reuters) – As U.S. regulators start to overhaul the way they police lenders after three banks failed this year, they will have to address examiners’ hesitancy to raise red…
EU banks face liquidity checks next year after 2023 crises
By Huw Jones LONDON (Reuters) – European Union banks’ plans for surviving a major crisis without having to tap central bank money will undergo intense scrutiny next year, the bloc’s banking watchdog…
Analysis-Caught between riots and debt crises, African countries cut fuel subsidies
By Libby George LONDON (Reuters) – Abdoulaye Diallo is paying over 50% more to fill up his “thiak-thiak” motorbike taxi in Keur Mbaye Fall, a suburb of Senegal’s capital Dakar, than he…
World Bank seeks grants, new capital to fight global crises
By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up lending for…
Africa needs more help with climate change, debt and food crises
By Joe Bavier WASHINGTON (Reuters) – Africa is struggling with the triple shock of rising debt burdens, an ongoing food crisis and climate change fallout and needs more help from international institutions…
Factbox: The biggest financial crises of the last four decades
(Reuters) – Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in U.S. history while Swiss lender Credit Suisse was bought…
JAMES PINKERTON: Biden Tries To Save The World While America Is Gripped By Crises
JAMES PINKERTON: Biden Tries To Save The World While America Is Gripped By Crises James P. Pinkerton on February 26, 2023 In Charles Dickens’ 1853 novel “Bleak House,” the character of Mrs.…
Factbox-The countries in the grip of debt crises
LONDON (Reuters) – Meetings being held in India will see top officials from the Group of 20 leading economies discuss how to help the growing number of countries now in the grip…
Humanitarian crises could worsen in Haiti, Venezuela, says aid group
By Kylie Madry MEXICO CITY (Reuters) – The humanitarian crises in Haiti and Venezuela that have subjected millions to hunger, violence and disease could worsen this year without more aid, the International…
Banks still need to learn lessons from 2022 crises – BoE says
By Iain Withers LONDON (Reuters) – Banks still need to improve their risk management and learn the lessons from various crises that rocked markets in 2022, regulators at the Bank of England…
Tucker Carlson Rips Biden For ‘Drag Show’ ‘Distraction’ At White House Amid ‘Multiple World Historic Crises’
Tucker Carlson Rips Biden For ‘Drag Show’ ‘Distraction’ At White House Amid ‘Multiple World Historic Crises’ Harold Hutchison on December 13, 2022 Fox News host Tucker Carlson ripped President Joe Biden’s Tuesday…
Climate change will fuel humanitarian crises in 2023 -study
By Diego Oré MEXICO CITY (Reuters) – Climate change will accelerate humanitarian crises around the world in 2023, adding to the issues created by armed conflict and economic downturns, according to a…
Exclusive: OPEC Sec Gen – Oil investment lag sowing seeds for future energy crises
By Maha El Dahan ABU DHABI (Reuters) – The world must act swiftly to invest in oil to prevent future energy emergencies as global demand for the hydrocarbon grows in the long…
Factbox-Pounded: A history of UK currency crises and crashes
LONDON (Reuters) – Britain’s pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country’s new prime minister and finance minister to slash…
EU eyes overhaul of debt rules as crises pile up
By Jan Strupczewski BRUSSELS (Reuters) – Byzantine, politicised or just plain stupid, European Union fiscal rules have been called many names and changed many times. Now the EU is starting another debate…
EU plans to build firefighting fleet faster after summer of climate crises
By Kate Abnett BRUSSELS (Reuters) – The European Union and its member states agreed on Monday to speed up plans to establish an EU fleet of firefighting aircraft, after rampaging wildfires across…
South Korea plans financial tool to head off crises
SEOUL – South Korea’s top financial regulator unveiled on Tuesday a draft plan for supporting distressed financial companies to prevent failures, rather than waiting to bail them out after they had defaulted…
World Bank calls for sovereign debt changes ahead of looming crises
By Marc Jones LONDON – A senior official at the World Bank has ramped up its calls for changes in sovereign debt laws so governments have more control when crises strike and…
Timeline- Turkey caught in a spiral of lira crises
By Karin Strohecker (Reuters) – Turkey’s lira has lost nearly a quarter of its value this year as soaring inflation and the central bank’s reluctance to raise interest rates stoke fears of…
Don’t forget other crises with Ukraine focus, UN warns
By Philip Blenkinsop BRUSSELS -The United Nations High Commissioner for Refugees warned on Friday that countries focused on helping Ukraine should not ignore other crises, which were likely to worsen due to…
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