On March 10, Silicon Valley Bank was closed by financial regulators, making it not only the first bank to fail since the 2008 financial crisis, but also, given the fact that they had over $175 billion worth of deposits, they are the second largest bank to fail in all of U.S. history. But then, it…
Banks Begin Failing as Biden Authorizes FDIC Takeover: How to Prepare | Facts Matter
England-Scotland Rail Line Closed as Road Bridges ‘Washed Away’ in Floods
A cross-border rail line between England and Scotland remains closed after two road bridges were “washed away” amid torrential rain. Network Rail Scotland said the bridges spanned the River Annan, north of the railway with trains unable to pass over a viaduct, closing the Dumfries to Carlisle line. It tweeted: “Two road bridges have been…
‘Real Danger’ UK Schools Remain Closed into Summer: Children’s Commissioner
There is a “real danger” that schools could remain closed into the summer due to a failure of planning, the UK Children’s Commissioner has warned. “Unfortunately it is a lot easier to close schools than to reopen them,” commissioner Anne Longfield wrote in the Roadmap to Reopening Schools report published on Jan. 26. “Everyone recognizes…
Australia Closes Bubble With New Zealand
Health Minister Greg Hunt has announced Australia will be closed to quarantine-free flights from New Zealand after a positive case was confirmed there. Australia has put a stop to the New Zealand travel bubble for 72 hours after a South African variant of COVID-19 was detected in a woman after 14 days of isolation. Since…
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