Politics
Deutsche Bank tumbles as jittery investors seek safer shores
REUTERS Shares of Germany’s largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst…
Wall Street push for bank rescues clashes with Washington realities
REUTERS WASHINGTON/NEW YORK – The banking crisis set off by the swift collapse of Silicon Valley Bank has exposed a sharp disconnect between Washington and Wall Street. Bankers…
Yellen tries to assuage investor fears as bank stocks slide
US Treasury Secretary Janet Yellen — REUTERS/GARY CAMERON US Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and promised policymakers had more firepower…
World Bank seeks more private cash as yearly needs balloon to $2.4 trillion
REUTERS World Bank President David Malpass set out on Thursday a new road map for private sector participation in project financing across emerging and developing economies as yearly financing needs balloon to $2.4 trillion. The…
Fishermen, farmers still poorest in PHL
PHILSTAR Fisherfolk, farmers, children, and individuals residing in rural areas remained the poorest sectors in 2021, according to the Philippine Statistics Authority (PSA). Preliminary estimates…
Marcos issuing EO to address ‘water crisis’
PRESIDENT Ferdinand R. Marcos, Jr. said on Thursday that he will issue an executive order (EO) creating an interim agency that will manage what he…
SC exploration ruling reviewed for impact on other energy deals
BW FILE PHOTO THE Department of Energy (DoE) said it is reviewing whether a Supreme Court (SC) ruling rejecting a joint exploration deal with China…
Financial dominance and monetary policy in the wake of SVB collapse
JP VALERY-UNSPLASH We need to be level headed in assessing the potential impact of the biggest bank failure since the Global Financial Crisis on the…
How is blockchain like a car?
TIM FOSTER-UNSPLASH Alot of my friends in the industry messaged me about my inaugural article last week on blockchain, mostly asking me to explain it…
The climate crisis is coming for your children
I dearly hope to have children of my own some day. What they do with their time on Earth is theirs to choose, but the…
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