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US banking crisis deepens

PacWest is the latest American bank to see its stock plunge following the collapse of several rivals Regional lender PacWest Bancorp has become the latest American bank to be caught up in the worst crisis in the sector since 2008. The bank has confirmed it is in talks with potential partners and investors about strategic…

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Putin compares Russian and Western debt

Russia has a healthy level of state debt and inflation, according to the president Russia is in better economic shape than many large Western nations in terms of inflation and the level of sovereign debt, President Vladimir Putin said on Thursday.

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Sweden adopts new anti-terrorism law in effort to secure NATO bid

Türkiye has been blocking Stockholm’s accession to the US-led bloc, accusing the country of harboring Kurdish terrorists The Swedish parliament adopted a new counterterrorism law on Wednesday that criminalizes membership in terrorist organizations. The step is seen as the latest attempt to address concerns raised by Türkiye, which has been blocking the Nordic nation’s NATO…

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