It Was Frantic the Scramble to Save Svb Uk and Avert A Banking Crisis
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Island's only shop saved from closure after bank returns £12k stolen in fraud
Cyber criminals stole thousands from Rathlin's Co-Op Shop, putting its future in doubt.BBC News - Top stories -
Inside the White House Scramble to Broker a Deal in Gaza
The flurry of actions underscores how fluid the situation in the region is as President Biden and his team try to ultimately end the war that has devastated Gaza.The New York Times - World -
The Scramble to Broker a Gaza Deal, and More Questions for Boeing
Plus, Trump is threatened with jail.The New York Times - Top stories -
A Fresh Approach to a Crisis
A group of researchers posited another explanation for the youth mental health crisis: too much discussion.The New York Times - Top stories -
Bonhomie and hardball: Xi visits Europe to avert trade war
Chinese president’s first trip to region since 2019 comes amid rising tensionsFinancial Times - Business -
Step into the most mind-bending, sense-scrambling arts happening in the world
A trip (and it is a trip) to teamLab Planets Tokyo, the showstopper exhibition that ingeniously dissolves the boundaries between real and virtualFinancial Times - World -
US scrambles to salvage cease-fire talks as Israel chokes off Rafah
The White House on Tuesday pushed to finalize a cease-fire agreement that would pause fighting in Gaza, even as Israel carried out a limited military operation to take control of a key border crossing into Rafah. The U.S., along with Egypt and ...The Hill - Politics - Israel -
As Israel chokes off Rafah, US scrambles to salvage cease-fire talks
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story As Israel chokes off Rafah, US scrambles to salvage cease-fire talks The White House on Tuesday pushed to ...The Hill - Politics - Israel -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Lessons From the Front Lines of Canada’s Fentanyl Crisis
In a visit supported by the U.S. government, a group of Mexican experts came to British Columbia to discuss ways of responding to rampant opioid deaths.The New York Times - World -
Wizz Air CEO: ‘Crisis management became a constant’
Wars, soaring oil prices and engine troubles have thrown European airline off courseFinancial Times - Business -
This chart shows why Social Security is in crisis
The surprising thing about the Social Security trust fund is that it has any money left at all.MarketWatch - Business -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
How divided is the Bank of England’s policy committee?
Market Questions is the FT’s guide to the week aheadFinancial Times - World -
Middle East Crisis: Trade and Diplomatic Moves Deepen Israel’s Isolation
Turkey’s decision to suspend trade with Israel came after some countries downgraded or cut ties. But key allies, including the U.S., remain supportive.The New York Times - World - Israel -
Hope Hicks Recalls Campaign Crisis After Emergence of 'Access Hollywood' Tape
The onetime White House communications director took the stand in the former president’s hush-money trial.The Wall Street Journal - World -
Hope Hicks says Trump ‘concerned’ by affair allegations during 2016 race
Former US president’s erstwhile aide takes the stand in Manhattan ‘hush money’ trialFinancial Times - World - Donald Trump -
Biden’s environmental agenda is a dangerous path toward an energy crisis
Ironically, Biden's anti-coal crusade will render unattainable his electric vehicle goals.The Hill - Politics - Joe Biden -
Chinese homebuyers favour ‘second-hand’ houses as property crisis bites
With tens of thousands of new developments yet to be completed, buyers are looking again at older buildingsFinancial Times - Business - China -
Higher costs and cramped conditions: the impact of Europe’s housing crisis
Affording a home has become a political issue as rents and prices soar and supply plummets. Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns‘Everything’s just … on hold’: the Netherlands’ next-level housing crisisDecades ...The Guardian - World -
Middle East Crisis: Israel Steps Up Attacks on Rafah as Hamas Shifts Position on Cease-fire
Israel’s war cabinet voted to continue the military assault on Hamas and Israeli forces carried out strikes in Gaza’s southernmost city, hours after Hamas said it would accept terms based on a cease-fire proposal put forward by mediators.The New York Times - World - Israel -
Israeli seizure of Rafah crossing makes Gaza's desperate humanitarian crisis worse
Israeli forces have seized control of the Gaza side of the Rafah border crossing, a place where some aid had been making its way to civilians. Tanks moved in on the area just hours after Hamas said it accepted the terms of a Qatari-Egyptian ...CBS News - Top stories - Israel -
Commercial Real Estate Sector Renegotiates Leases Amid Debt Crisis
As a nearly $1 trillion debt "wall of maturities" comes due and occupancy rates and rents plunge, a new report says landlords are a bit less bearish than last year.Inc. - Business -
Espresso AI emerges from stealth with $11M to tackle the cloud cost crisis
Espresso AI emerges from stealth with more than $11 million in seed funding to reduce cloud data warehouse costs by up to 80% using AI-powered SQL query optimization.VentureBeat - Tech -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Texas Ban on 'Woke' Banks Opens Door for Smaller Firms
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.The Wall Street Journal - World - Texas -
Investors Were Burned by European Banks for Years---Until Now
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.The Wall Street Journal - World -
Israeli forces kill five people in raid near West Bank’s Tulkarm
Hamas confirms four of five people killed during raid in village of Deir al-Ghusun were from its armed wing. Middle East crisis – live updatesIsraeli forces killed five Palestinians in an overnight raid in a village near the city of Tulkarm in the ...The Guardian - World - Israel -
Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial Times - World -
Citi sees ‘coiled spring’ for bank stocks, with Hancock Whitney in the spotlight
Citi analyst Ben Gerlinger sees bank stock as “attractive” for significant gains over the summer.MarketWatch - Business -
UBS Stock Rallies After Bank Swings Back to Profit
The Swiss bank posted a $1.8 billion net profit in the first quarter, triple the roughly $600 million that analysts were expecting. Revenue was higher and costs were lower than had been forecast.The Wall Street Journal - World -
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS shares surged 8% on Tuesday as the bank outstripped analysts’ expectationsMarketWatch - Business -
Brazil's Central Bank May Cut by Less Than 50 Basis Points
Brazil’s central bank may not deliver on its guidance as it may cut interest rates by less than 50 basis points on Wednesday, Goldman Sachs’s Alberto Ramos says.The Wall Street Journal - World -
Probe finds misogynistic ‘boys club’ culture at US bank regulator
FDIC chair Gruenberg faces fresh calls to quit after being singled out as an angry boss who lacks trust to lead changeFinancial Times - World -
What should the Bank of Japan do with its huge stock portfolio?
The central bank has called time on its ETF buying but has yet to to say what it will do with its massive investmentsFinancial Times - World -
Middle East crisis live: Rafah operation could result in ‘slaughter’, UN official says
UN humanitarian office spokesman says hundreds of thousands of lives could be at risk and there would be a huge impact on aid operations. Daniel Hurst is Guardian Australia’s foreign affairs and defence correspondent.. The Australian government ...The Guardian - World