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…

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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