Author: News Desk

Global bank stocks slump after Silicon Valley Bank collapse, despite Biden reassurances Despite assurances from the US president that the financial system is safe, bank shares in Asia and Europe have dropped after the collapse of two US lenders. Authorities moved to protect customer deposits in the aftermath of the collapse of Silicon Valley Bank (SVB) and Signature Bank, but investors are concerned that other lenders may still be affected.  Global share prices dramatic drop The global share prices have fallen sharply, with Japan’s Topix Banks index falling over 7%, the worst in over three years. The country’s largest lender,…

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NYC bike path terrorist spared death penalty as jury fail to reach unanimous decision A man who intentionally drove a truck down a New York City bike path, killing eight people in what was the city’s deadliest terrorist attack since 9/11, has been spared the death penalty. Sayfullo Saipov, an Islamic extremist, faced the death penalty but a jury deadlocked over how he should be punished. Instead, he will spend life in prison at the supermax facility in Colorado, the most secure prison in the US. A unanimous decision by the jury is required to impose a death penalty. Saipov’s life…

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Emma Raducanu wins to reach last 16 at Indian Wells In an impressive display, Emma Raducanu triumphed over Beatriz Haddad Maia in a thrilling third-round match at Indian Wells, winning 6-1, 2-6, 6-4.  The British number one started strong, breaking Haddad Maia twice to take the first set. However, Raducanu then dropped her serve twice, allowing her Brazilian opponent to level in the second set. In the decisive third set, Raducanu’s exceptional tennis enabled her to break Haddad Maia in the seventh game and then serve out for the match. This victory against the world number 13 is Raducanu’s first…

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