Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based lender suffered from an old-fashioned bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation its receiver.
LKAB, a mining company established in 1890 and 100% owned by the Kingdom of Sweden, has announced the discovery of the largest known deposit of rare earth metals in Europe.
Brasilia – January 8, 2023 – Thousands of the right-wing former president Jair Bolsonaro’s supporters have invaded the Brazilian National Congress building. The manifestation happens one week after the left-wing leader Luiz Inácio Lula da
Serbia has asked the NATO-led peacekeeping forces to send 1,000 security forces to the Republic of Kosova to help managing the tensions between the Serbian minority and the local authorities. But the KFOR declined.
The House Speaker occupies a central role in the American federal government. But what is it that a speaker actually does?
Labor non-compete agreements are about to be banned by the FTC. Over third of the American workers would be relieved from them.
One reason the rouble has strengthened is the restrictions on margin trading and on foreign investors, which has meant that trading volumes have been much lower than usual.
The Federal Reserve on June 15, 2022, lifted interest rates by 0.75 percentage point, the third hike this year and the largest since 1994. The move is aimed at countering the fastest pace of inflation in over 40 years.
The Aircraft Boneyard is a U.S. Air Force facility in Arizona’s desert. It hosts over 3,100 mostly retired aircraft. The assets there are worth about $35 Billion.
The United Kingdom, which is an oil producer, is also banning Russian oil imports, but getting other G-7 nations like Germany, Italy and Japan to join will be a hard diplomatic lift. It’s not impossible