World Worried Over SVB Bank Collapse
World leaders are anxiously monitoring the global ramifications of Friday’s sudden collapse of startup lender Silicon Valley Bank Financial Group (SVB), the largest bank to fail since the 2008 financial crisis.
World leaders are anxiously monitoring the global ramifications of Friday’s sudden collapse of startup lender Silicon Valley Bank Financial Group (SVB), the largest bank to fail since the 2008 financial crisis.
Georgia’s parliament dropped a controversial “foreign agent registration” bill after massive protests and warnings it could hamper the country’s efforts to join the European Union and NATO military alliance.
China’s leader Xi Jinping was formally reappointed as the nation’s president for a third 5-year term in a move expected to worry minorities, including Christians and dissidents.
Power has been restored to Ukraine’s Zaporizhzhia Nuclear Power Plant, Europe’s largest after massive Russian strikes killed at least nine people, authorities said Thursday.
A gunman opened fire in a Jehovah’s Witness Kingdom Hall in Germany’s northern city of Hamburg late Thursday, killing at least seven people, authorities said.
Russian forces carried out a “massive missile attack” on key Ukrainian targets overnight, according to Ukraine’s top soldier.
British lawmakers have resoundingly rejected an amendment to the UK’s Public Order Bill that would allow people to engage in “silent prayer” and “consensual” conversation within buffer zones created to prevent anti-abortion activists from harassing women entering abortion clinics, the London Standard report.
Anxiety remained high in Georgia’s capital Tbilisi after security forces detained some 50 protestors and broke up protests against a “foreign agents” law, injuring several people. Demonstrators fear the legislation moves the former Soviet republic towards Russian-style authoritarian rule.
Hungary has, for the first time, observed International Women’s Day under a female president, a devoted Christian who urged women to have faith and children to overcome the country’s “demographic winter.”
The secretary general of the NATO military alliance, Jens Stoltenberg, warned Wednesday that Russia could capture the eastern Ukrainian city of Bakhmut “in the coming days.”
U.S. intelligence leaders told lawmakers Wednesday that the Chinese Communist Party remained the “most consequential threat” to U.S. national security, as President Xi Jinping consolidates power and his government takes steps to fuel divides both within the U.S. and between Washington and its allies.
Russian authorities are detaining prominent Christians opposing Russia’s invasion of Ukraine, including a Christian musician and a priest, investigators told Worthy News.
Hungarian lawmakers began visiting Sweden and Finland on Tuesday to discuss the Nordic nations’ bid to join the NATO military alliance after Copenhagen and Helsinki expressed concerns about Hungary’s reluctance to ratify their entry.
A Catholic anti-abortion activist in Birmingham, England has been rearrested for violating a local Public Spaces Protection Order by standing silently and praying inside a buffer zone around a closed abortion clinic, the Washington Times reports.
Chinese pressure is mounting on Russia and Ukraine for a ceasefire and possible peace talks amid the rapidly climbing death toll on both sides around the eastern Ukrainian city Bakhmut. But government leaders on both sides remain reluctant to start negotiations immediately, with NATO expansion imminent and battles raging in Ukraine.
Taiwan’s president, Tsai Ing-wen, will meet with House Speaker Kevin McCarthy in the U.S. early next month, instead of overseas, in order to avoid provoking China, a report says.
As Russian President Vladimir Putin’s war in Ukraine continues to rage, United States commanders and military observers are sounding the alarm about the activity of Russia’s submarine fleet thousands of miles away, off the U.S. coast.
The al-Qaeda Islamic terror organization has confirmed that Hamad bin Hamoud al-Tamimi, a senior leader at one of the group’s most dangerous bases, was killed in a US airstrike on Yemen last month, AFP reports.
Ukraine says it is still holding off attacks from Russian troops trying to surround its eastern city of Bakhmut, where many forces on both sides have been killed along with civilians. But Moscow has defended its invasion of Ukraine and warned it would do business with China and India.
The chief of the Russian paramilitary group Wagner says his fighters have practically encircled Bakhmut, the eastern Ukrainian city the Kremlin has been trying to seize for months. But as Stefan Bos reports, Russian and Ukrainian forces are fighting in the streets as Moscow doesn’t control the eastern city yet.