Global Financial Crisis
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At Least 70 Countries Missing Out On Medical Care Amid Funding Cuts: WHO
People in at least 70 countries are missing out on medical treatment due to funding cuts to aid programmes, the WHO said on Monday, adding it also faces major financial challenges.
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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
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How It Went Down: Three Accounts Of The Lehman Bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.
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UK To Urge PM Modi To "Call Out" Russia Over Ukraine Crisis: Report
UK Prime Minister Rishi Sunak will urge his Indian counterpart Narendra Modi at the upcoming G20 summit to "call out" Russia over its invasion of Ukraine and use its clout to help end the war, the Financial Times reported on Thursday.
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Over 3.5 Million People Lost 'Millionaire' Status Globally In 2022: Report
Over 3.5 million people lost their millionaire status last year, the biggest decline in global wealth since the financial crisis of 2008, revealed the UBS annual wealth report.
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"Addiction Forced Into System": Raghuram Rajan Expects More Bank Troubles
Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.
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Finance Minister Asks Indian Banks To Assess Risks Amid Global Financial Crisis
Finance Minister Nirmala Sitharaman has asked state-run banks to assess various financial health parameters amid turbulence across the global banking sector.
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Why Banks Are Failing And What Do You Need To Do Now
The financial world hasn't seen a week like this since 2008, with turmoil in the banking sector igniting fears that the global economy is on the brink of another crisis.
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Ex-CEO Of Silicon Valley Bank Spotted In Hawaii Where He Owns $3.1 Million Home
As per the report, Greg Becker and his wife Marilyn Bautista have escaped to their Maui townhouse worth $3.1 million.
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How Silicon Valley Bank Collapse Impacted A 116-Year-Old Indian Bank
The collapse of Silicon Valley Bank, which is the biggest retail banking failure since the global financial crisis, has triggered a wave of implications the reach of which is yet to be ascertained.
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Silicon Valley Bank Shut Down: Biggest Banking Failures Since 2008
US regulators shuttered Silicon Valley Bank (SVB) on Friday and took control of its deposits, in what amounts to the biggest retail banking failure since the global financial crisis.
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FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
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He Predicted 2008 Financial Crash. Now, Warns Of 'Long, Ugly' Recession
Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a "long and ugly" recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.
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India Provided $4 Billion In Food, Financial Aid To Crisis-Hit Sri Lanka
India on Sunday highlighted its constructive and significant role in human-centric globalization at the United Nations General Assembly and said that it had provided nearly $4 billion in food and financial assistance to Sri Lanka.
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At Least 70 Countries Missing Out On Medical Care Amid Funding Cuts: WHO
People in at least 70 countries are missing out on medical treatment due to funding cuts to aid programmes, the WHO said on Monday, adding it also faces major financial challenges.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
-
How It Went Down: Three Accounts Of The Lehman Bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.
-
UK To Urge PM Modi To "Call Out" Russia Over Ukraine Crisis: Report
UK Prime Minister Rishi Sunak will urge his Indian counterpart Narendra Modi at the upcoming G20 summit to "call out" Russia over its invasion of Ukraine and use its clout to help end the war, the Financial Times reported on Thursday.
-
Over 3.5 Million People Lost 'Millionaire' Status Globally In 2022: Report
Over 3.5 million people lost their millionaire status last year, the biggest decline in global wealth since the financial crisis of 2008, revealed the UBS annual wealth report.
-
"Addiction Forced Into System": Raghuram Rajan Expects More Bank Troubles
Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.
-
Finance Minister Asks Indian Banks To Assess Risks Amid Global Financial Crisis
Finance Minister Nirmala Sitharaman has asked state-run banks to assess various financial health parameters amid turbulence across the global banking sector.
-
Why Banks Are Failing And What Do You Need To Do Now
The financial world hasn't seen a week like this since 2008, with turmoil in the banking sector igniting fears that the global economy is on the brink of another crisis.
-
Ex-CEO Of Silicon Valley Bank Spotted In Hawaii Where He Owns $3.1 Million Home
As per the report, Greg Becker and his wife Marilyn Bautista have escaped to their Maui townhouse worth $3.1 million.
-
How Silicon Valley Bank Collapse Impacted A 116-Year-Old Indian Bank
The collapse of Silicon Valley Bank, which is the biggest retail banking failure since the global financial crisis, has triggered a wave of implications the reach of which is yet to be ascertained.
-
Silicon Valley Bank Shut Down: Biggest Banking Failures Since 2008
US regulators shuttered Silicon Valley Bank (SVB) on Friday and took control of its deposits, in what amounts to the biggest retail banking failure since the global financial crisis.
-
FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
-
He Predicted 2008 Financial Crash. Now, Warns Of 'Long, Ugly' Recession
Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a "long and ugly" recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.
-
India Provided $4 Billion In Food, Financial Aid To Crisis-Hit Sri Lanka
India on Sunday highlighted its constructive and significant role in human-centric globalization at the United Nations General Assembly and said that it had provided nearly $4 billion in food and financial assistance to Sri Lanka.
