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
The United States government has announced it will guarantee deposits at failed Silicon Valley Bank (SVB), as financial regulators rush to alleviate fears the tech-focused lender’s collapse could set off a broader financial crisis. In a statement on Sunday, the US Treasury Department, Federal Reserve and Federal Deposit Insurance Corporation (FDIC) said that all customers would be protected and be able to fully access their funds following the bank’s collapse. 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 #UnitedStates #SiliconValleyBank
A woman broke into a Beirut bank on Wednesday waving what was later revealed to be a toy gun and demanding access to her own money so she could pay for her sister’s cancer treatment. 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
Russians are only just starting to see the effect the war is having on their economy, as sanctions and international isolation begin to bite. From inflation to supply chain logistics, every corner of the economy will feel the effect. Al Jazeera’s @Bernard Smith has more from Moscow. – 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 #Russia #Economy
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The financial crisis in Lebanon is pushing people further into poverty. Nearly a quarter of the population does not have enough food. Al Jazeera’s Sara Khairat reports from the governate of Akkar, Lebanon. – 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 #Lebanon #FoodCrisis
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At this point, it is very clear that the global economy will be entering into a recession in 2020. How low can the stock market go? How are you investing? In this video, we will discuss some monetary and fiscal policy that has been proposed in the past week in an attempt to combat a recession. Follow me on Instagram ➤➤➤ https://www.instagram.com/nateobrienn/ Invest for FREE with M1 Finance ➤➤➤ https://m1finance.8bxp97.net/jLA5v Subscribe for more videos like this: https://www.youtube.com/nateobrien?sub_confirmation=1 DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. […]
