The failed US bank First Republic is being acquired by its rival JPMorgan Chase, in a $10.6bn deal. Regulators had taken control of First Republic after a crash in its share price. It is the third US bank failure since March, and there are fears it will not be the last. Al Jazeera’s Kristen Saloomey reports from New York, the United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #UnitedStates #Bankcollapse
US financial authorities have seized California’s troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system. First Republic became the third major financial institution in the United States to fail in two months. The deal, announced early on Monday, will see JP Morgan take $173bn of loans, $30bn of securities and $92bn of deposits from the failed lender. There were no details on how much the banking giant would pay. “Our government invited us and others to step up, and we did,” JPMorgan’s CEO Jamie Dimon said in a statement. Al Jazeera’s Kristen Saloomey […]
A giant blob of seaweed in the Atlantic is discouraging tourists and threatening communities on the French Caribbean island of Martinique. Mounds of free-floating sargassum wash up on beaches, and as it rots, it releases toxic gases. Fishermen and entrepreneurs have taken matters into their own hands, coming up with a solution. Al Jazeera’s Alexandra Byers reports more. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Sargassum #Martinique
People in Uzbekistan are voting on a constitutional referendum that could allow President Shavkat Mirziyoyev to extend his rule by 14 years. If Sunday’s referendum passes, presidential terms would be lengthened from five to seven years. The change would allow the 65-year-old Mirziyoyev to serve two more terms and extend his time in power until 2040. Al Jazeera’s Michael Appel reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Uzbekistan #UzbekistanReferendum #Uzbekistan Constitution #ShavkatMirziyoyev #UzbekistanReferendum #UzbekistanVotes
The current violence in Sudan has deep roots, with support for the groups battling it out falling along ethnic and geographic lines. The country is also rich in natural resources, and competition for control of that wealth makes this conflict unique and complex. Al Jazeera’s Alex Baird explains. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Sudan #Fighting #Khartoum #Army #Military #Sudani #Explosions #Gunfire #RapidSupportForces
Hundreds of people are stranded between Peru and Chile as a result of crackdowns on migrants in both countries. Among those being blocked by Peruvian border forces are groups of Venezuelans who say they’re trying to return home. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News
New trails have been opened up for visitors to get a close-up look at the Demilitarized Zone that separates North and South Korea. Running 250km across the Korean Peninsula, it is seen as a barometer of inter-Korean relations. Those have become increasingly tense in recent months. Al Jazeera’s Rob McBride went on a media visit to part of the frontier in Ganghwa County, which borders North Korea. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #DemilitarisedZone #SouthKorea #NorthKorea
The Sudanese army has hit paramilitary fighters with air strikes in the capital, Khartoum. Deadly fighting has also flared in Darfur as a three-day ceasefire is set to expire. The ceasefire had slowed some of the fighting, but there are fears it will intensify again, prompting international efforts to secure an extension. Al Jazeera’s Assed Baig has more on the deteriorating situation. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #aljazeeraenglish #AlJazeeraLive #Sudan #SudanUnrest #SudanClashes #SudanFighting #RSF #SudaneseArmy #SudanHumanitarianCrisis
Police recover more bodies from mass graves in a forest in eastern Kenya, thought to be followers of a Christian cult who believed they would go to heaven if they starved themselves. A government official said Tuesday 95 bodies have been recovered so far. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News
Dozens of bodies, including those of children, have been washed up off the Libyan coast after two boats sank in the Mediterranean. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News
