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Trading halted for multiple U.S. bank stocks at market open
Biden Seeks to Strengthen Banking Regulations, Do 'Whatever Needed'
While the ensuing crisis in the United States differs in a number of regards from that of 2008, the "financial fragility" caused by excessive private debt continues to plague the United States, argue professors from the University of Fribourg in Switzerland and the University College London.
The US banking system suffered a serious blow last week with the collapse of the Silicon Valley Bank (SVB), which became the largest bank failure in the United States since the financial crisis of 2008.
Futures Tumble, Yields Crater, Banks Plunge As Market Realizes Latest Bailout Is Insufficient
Yesterday, when describing the nuances of the latest bank bailout (and big bank subsidy) we explained why the "Treasury is quietly freaking out" and asked rhetorically "ETA until market realizes $25BN is nowhere near enough and futs react appropriately?"
Turns out the answer was about 12 hours, because after initially spiking, and rising just shy of 4,000 amid widespread acceptance that the Fed's tightening cycle is finally over, fears have shifted back to the growing bank crisis and depositor run, and futures were back down to 3,900, up just 0.2%, and wiping out most of their overnight gains...
Alert! MARKETS A LOOK AHEAD: Systemic BREAKDOWN And A Consolidation Of POWER
Meanwhile: Signature Bank has been closed by U.S. regulators.
US dollar slides amid banking turmoil
Markets expect a pause in rate hikes, while regulators deal with the aftermath of bank failures
The US dollar index, which measures the greenback against six other major currencies, plunged to near one-month lows on Monday, following a Goldman Sachs forecast that Washington will likely halt rate hikes. According to trading data, the index slid 0.6% to 103.9 by 09:00 GMT.
Goldman’s previous forecast predicted a 25-basis-point hike at the next Fed meeting in March. The change in expectations came after US regulators on Sunday announced a new emergency program aimed at protecting bank clients, following the failures of Silicon Valley Bank and Signature Bank last week.
SVB's Collapse: Will the Crisis Spread Overseas?
The shutdown of SVB has already prompted many to draw parallels with the financial crisis that rode roughshod over the world economy in 2008.
The Biden administration is hastily trying to hammer out “material action” in an effort to limit the ripple effect and repercussions across the US banking system after the collapse of Silicon Valley Bank (SVB). How will the situation develop, and will there be overseas risks? Sputnik is exploring.
Trump warns of new ‘Great Depression’
The former US president blames bank failures on Joe Biden’s economic policies
The collapse of Silicon Valley Bank (SVB) was the fault of US President Joe Biden’s administration, Donald Trump has claimed, warning it could lead to a new Great Depression in the United States.
SVB, a major lender focused on tech and startups, which was the 16th largest US bank with over $200 billion in assets only a few months ago, imploded on Friday after what analysts called “a classic case of bank run.”
SWIFT Banking Network Prepares for Massive CBDC Rollout
The interbank messaging company SWIFT has announced plans to rollout a standardized global interlinking Central Bank Digital Currency (CBDC) system.
The project for CBDC cross-border payments involved 18 big banks from around the globe, including the Banque de France, Royal Bank of Canada, Société Générale, HSBC, Deutsche Bundesbank, NatWest, UBS, France’s BNP Paribas, Italy’s Intesa Sanpaolo, the UL’s Standard Chartered (STAN), and the Monetary Authority of Singapore.
China's Xi Jinping plans to speak with Ukraine's Zelensky and is set to meet Putin next week in Moscow — WSJ
Kremlin explains its ‘only option’ in Ukraine
In the absence of conditions for peace, military action is required to achieve Russian goals, Putin’s spokesman has said
There are currently no conditions for a peace settlement in Ukraine, meaning Russia has no other option but to keep fighting, Kremlin spokesman Dmitry Peskov has argued.
“The absolute priority for us remains and will always remain reaching the goals that we’ve set for ourselves. At this point in time, they can only be achieved through military means,” the official told journalists on Monday.
Moscow admits it ‘doesn’t know’ who attacked Nord Stream
A full investigation, not ludicrous leaks to the press, is needed in the high-profile case, Nikolay Patrushev said
Russia does not know who blew up the Nord Stream natural gas pipelines last year, and wants to see a thorough investigation to get the answer, its most senior security official has said.
Nikolay Patrushev, secretary of Russia's Security Council, also dismissed a claim that Western intelligence services suspect a private “pro-Ukrainian group” of blowing up the pipelines as being meant for people lacking in critical thinking skills.
Georgian PM accuses Ukraine of stirring unrest
Irakli Garibashvili has lashed out at Vladimir Zelensky for rallying support for the mass protests in Tbilisi
Kiev has its hand in the unrest over the controversial foreign agents legislation in Georgia, Prime Minister Irakli Garibashvili has claimed, urging Ukrainian President Vladimir Zelensky to take care of his own country instead of fueling riots in Tbilisi. The PM made the remarks in an extensive interview with Georgia’s Imedi TV channel that aired on Sunday.
Sunak announces UK nuke plans
The UK prime minister says the modernization of the country’s “nuclear enterprise” will follow a new defense spending hike
The UK government has earmarked an additional £5 billion ($6 billion) for bolstering the country’s military capabilities, Prime Minister Rishi Sunak said in a statement published on Monday. Britain’s nuclear deterrent is among the areas that will receive investment.
Downing Street said the newly unveiled appropriations were in addition to a previous increase in 2020, which envisaged the allocation of £24 billion ($29 billion) over the following four years.
NATO is preparing for urban battles in Europe
Where was the US when Iran, Saudi Arabia restored ties?
The deal between Saudi and Iran is a significant development in the Middle East. Israel needs to speak with its allies in Washington and urge the Biden administration to become more active.
The news over the weekend that Iran and Saudi Arabia agreed to reestablish relations took many policymakers by surprise and is seen by some as potentially casting a shadow over the possibility of Israel and Saudi Arabia progressing in their relations.
The deal, brokered by China, was announced after four days of previously undisclosed talks in Beijing between top security officials from the two rival Middle East powers.
Saudi Arabia denies visas to Israeli delegates at UN event
An Israeli delegation from Kafr Kama was invited to participate in a UN tourism event in Saudi Arabia, but Saudi authorities refused to give them visas
Against the backdrop of reports of diplomatic efforts between Israel and Saudi Arabia and the desire to normalize ties, the reality on the surface seems to be completely different.
An Israeli delegation was invited to participate in a UN tourism event in Saudi Arabia, but Saudi authorities refused to give them visas, according to a report in Bloomberg.
Confidential Documents prove your Government is using COVID Vaccination to cause Depopulation
As public outrage and concern have grown over the mounting evidence of Covid-19 vaccine-related deaths and health issues, some have begun to speculate on the sinister motives behind the Governments of countries around the world’s continued push for mass Covid-19 vaccination.
Whistleblowers from within the pharmaceutical industry and Government agencies have spoken out, claiming that the push for vaccination was never about public health at all, but rather about profits and control.
Dan Hartman: Pfizer Killed My Son
A heartbreaking story, shared by Dan Hartman, about the tragic loss of his son
British/Swiss citizen files lawsuit against Pfizer in America for profiteering from covid mandates
On 6 March, retired Swiss banker Pascal Najadi filed a civil suit against Pfizer. Currently, he said, he is the only person in the world who has successfully filed a lawsuit to sue Pfizer in America.
This lawsuit, unthinkable and futile in some countries, could be a breakthrough case in exposing the deception and fraud behind the worldwide covid injection campaign and has the potential to cause the “Corona House of Cards” to crumble, said the International Crimes Investigative Committee.
Climate Engineering Must Stop or Humanity is Finished - Dane Wigington
“We have to stop climate engineering statistically and mathematically or we are done in the very near term..."
The government may stop issuing Social Security payments after the debt limit is hit
There’s a very real possibility the government will stop issuing Social Security payments after the debt limit is hit. Scary as that prospect is, however, the alternative might be even worse:
A little-known provision of a 1996 law could be interpreted to allow the Social Security trust fund to be used not only to pay Social Security’s monthly checks but also to circumvent the debt limit and pay all the government’s otherwise overdue bills. If that happens, any short-term relief to Social Security recipients would come with a potentially huge long-term price tag
US must immediately withdraw from WHO to escape medical tyranny: international law expert
Human rights attorney Dr. Francis Boyle is calling on U.S. citizens to urge Congress to immediately withdraw from the World Health Organization to avoid 'dictatorial' health controls that override every level of government.
(LifeSiteNews) – An international law expert is calling on the United States to immediately withdraw from the World Health Organization (WHO) to escape an imminent “medical dictatorship” that would seize control of countries around the world.
A “coup d’etat” against the U.S. will be carried out using the WHO as a “front organization” if the U.S. continues its membership in the WHO as two of its currently pending “treaties” are passed, warned human rights attorney Dr. Francis Boyle during a Stop Vax Passports Task Force Webinar.
Dr. Bahkdi should be applauded far and wide , along with Dr. Yeadon . They stood up , with no agenda , and told the truth to warn and protect the common man . 🤗🤗
Everything I read from you is so depressing. So it was especially uplifting to see the standing ovation for Prof Bhakdi.
He was speaking out way before Malone or Bridgen (who claims he saw paperwork for DoD responsibility for virus and vaccine in Dec 2020). So he stayed quiet about it for 3 Months? More bivalent Jabs jabbed since then. And when Christopher Chope was speaking out throughout 2022 WHY WAS BRIDGEN SILENT?
Vs Bhakdi who has risked everything on informing the public of the dangers from BEFORE the roll out. If I could physically give him a hug I would. And a bow in honour of all he’s done.
G-d bless Prof Bhakdi.