Deutsche Bank, UBS stocks sink as fear of European banking crisis returns

London CNN  —  Europe’s banking stocks tumbled Friday as investors acted on their lingering worries that the recent crises at some banks could spill over into the wider sector. Europe’s Stoxx Europe 600 Banks index, which tracks 42 big EU and UK banks, closed 3.8% lower. The index is down 18% from its high in … Read more

Latest on global markets and banking crisis

The headquarters of UBS (left) and Credit Suisse (center) are just yards apart in Zurich, Switzerland. (Michael Buholzer/Keystone/AP) The last-minute rescue of Credit Suisse on Sunday may have prevented the banking crisis from exploding, but it’s a raw deal for Switzerland, and isn’t risk free. The tie-up with its larger rival, UBS, offered the best … Read more

Burkina Faso, CAR, Côte d’Ivoire… Ari Ben-Menashe, lobbyist for countries in crisis

Lieutenant Colonel Damiba, Nabil Karoui, Denis Sassou Nguesso, Laurent Gbagbo, General Hemetti, etc. These are some of the clients of this effective Israeli-Canadian lobbyist, known for his questionable methods… This is part 4 of a 5-part series His clients often have the same profile – politicians in trouble or states in crisis desperate for international … Read more

Eurozone can’t recover wealth lost to energy crisis – Lagarde — RT Business News

The burden will ultimately be shared between firms and workers, the head of the European Central Bank warns The euro area won’t be able to recover massive terms-of-trade losses incurred by rising energy prices, European Central Bank (ECB) President Christine Lagarde said during a conference at Frankfurt’s Goethe University on Wednesday. According to the head … Read more

This Florida approach to an alarming teen crisis is a paradigm shift

NEWYou can now listen to Fox News articles! This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). The Centers for Disease Control’s recent report on teen mental health should greatly alarm every American. While adults have been bowed … Read more

Bank crisis management rules coming in Q2 – POLITICO

PARIS — The EU has robust banking safeguards in place to protect its lenders against the prospect of a new crisis, the European Commission’s economic chief said Thursday, adding that additional rules are also around the corner. “From a supervisory point of view, we are not in a vacuum,” Paolo Gentiloni said at POLITICO’s Finance … Read more

Africa: UN Conference Seeks Solutions to Global Water Crisis

The world’s precious water resources are “in deep trouble” and leaders are meeting at UN Headquarters this week to address what has become a multifaceted global crisis, before it is too late. The UN Water Conference, which opened on Wednesday, is taking place as this vital natural resource is being depleted, polluted and mismanaged. The … Read more

‘Rabbit hutch living’: Homeless children at risk in UK housing crisis

When Patrica Roman lost her job as a cleaner, her life turned upside down. She and her three children – aged 5, 9 and 15 – were evicted from their home in Lambeth, central London, last autumn, and faced the prospect of sleeping on the streets, had the local authority not intervened and placed them … Read more