Clashes between Imran Khan, law enforcers deepen crisis

[ad_1] Islamabad: The two-day-long clash between former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) workers with its chairman Imran Khan’s supporters and the law enforcers at the Zaman Park deepened the ongoing political and economic crisis of the country, reported The Nation. Clashes broke out on Tuesday after the policeContinue Reading

UBS buys Credit Suisse in rush deal

[ad_1] FRANKFURT — Swiss banking giant UBS will buy the country’s second-largest bank Credit Suisse in a deal that will come as a relief to financial markets in Europe and across the world. UBS said in a statement that the total price is 3 billion Swiss francs, or about $3.25Continue Reading

Macron faces no-confidence votes amid nationwide protests

[ad_1] Press play to listen to this article Voiced by artificial intelligence. PARIS — Emmanuel Macron’s government faces several motions of no confidence in the National Assembly Monday after his government forced through a deeply unpopular pensions reform bill last week. Protesters took to the streets in major cities overContinue Reading

Crisis sparks new battle between small and large banks

[ad_1] ICBA is gearing up to make the case that the smallest, “community” banks shouldn’t have to pay for the rescue of bank depositors and that the largest lenders deserve stricter oversight from regulators. The group entered the fray early Monday with this message to reporters covering the crisis: “SiliconContinue Reading