Europe’s banks should set aside greater reserves to cover bad loans, regulators should require investment funds to hold more cash to cover a surge in withdrawals, and the European Central Bank (ECB) should not delay in beginning to sell its €5-trillion bond hoard next year, bank vice-president Luis de Guindos said in a statement accompanying the ECB’s semi-annual review of the region’s financial stability.
Gerald Celente has long said: When people lose everything, they lose it. Target, the major retail store, announced last week that it expects shoplifting to cost its bottom line this year $600 million in lost profits this year.
John Kerry, the U.S. special envoy for climate change, announced last week that he came down with COVID-19 despite being “fully vaccinated and boosted,” joining the long list of drug pushers who came down with the virus.
Iran’s government is facing its biggest challenge in decades after deadly protests broke out across the country after a woman’s death in morality police custody grew into a larger movement that threatens Ayatollah Ali Khamenei’s grip on the country.
Israel carried out an airstrike against Syrian forces early Saturday that resulted in the deaths of four Syrian troops and injuring one.
Hamas blamed the Israeli blockade on the Gaza Strip for contributing to the devastating house fire last week that killed 21 people at a party celebrating a birthday and graduation.
One week ago, the Ukrainian government may have deliberately attacked neighbor Poland in an attempt to draw the NATO alliance into its war with Russia.
Call it Christopher Wray’s “You mean, like wipe it with a cloth?” moment.
Throughout the Covid-19 pandemic physicians and health authorities repeatedly tried to convince that every measure to battle the spread of the SARS-2 virus was based upon science. Hospital administrators and clinicians treating patients unquestionably followed whatever guidelines were decreed from above.
Some are noting that Tether (USDT), one of the largest crypto “Stable coins,” has not yet come through with a long promised audit of its books and precisely what levels and kinds of backing underlie its token.