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After the collapse of Silicon Valley Bank (SVB), two banks Silvergate Bank and Signature Bank also announced bankruptcy. Global stock markets wobbled due to investor concerns. Vblink Web Version, After a two-day meeting, the Fed on March 22 made a decision to raise interest rates by 25 basis points (0.25 percentage points), with the accompanying announcement that it will soon stop raising interest rates in the future. future amid uncertainty in the financial sector following the collapse of Silicon Valley Bank (SVB) and Signature Bank.
In addition, President Biden also urged Congress to enact stricter regulations for banks to avoid a similar incident. He noted a large bailout, as it was applied during the 2008 financial crisis, is not among the measures being considered by the government. He said that when the government takes over this bank, SVB's management will be forced to quit, while SVB's shareholders will not receive any support. Vblink Vblink Casino Apk super nintendo fishing games In addition, Xi Jinping also demanded efforts to promote the modernization of national defense and armed forces in all aspects.
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Dr. Phan Thanh Hai, Director of the Department of Culture and Sports of Thua Thien-Hue province, affirmed that the seal "Emperor chi bao" by King Minh Mang has a particularly important function associated with public and political activities. of the Nguyen Dynasty. bet777 play, The reduction of the operating interest rate is an important step, orienting the market's interest rate reduction trend in the coming time, thereby orienting credit institutions to reduce lending rates, accompanying businesses and people. contributing to economic growth, leaders of the State Bank emphasized.
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