SVB Bank Closure Sends Ripples Across The U.S. Economy
The abrupt closure of three banks in the United States is sending shockwaves in various sectors of the economy and raising concerns about the U.S. banking system. Recent bank failures started with Silvergate Bank – a large player in the crypto industry on March 9, then Silicon Valley Bank on March 10 and later, Signature […]
The Economic Fallout Of Russia’s War On Ukraine
As the world enters the seventh month of Russia’s war on Ukraine, the conflict has triggered turmoil in the financial markets and uncertainty about the recovery of the global economy. The Russian economy has deflated by 4% in the second quarter of 2022. According to the New York Times, western sanctions have cut off Russia […]