Banks in the European Union should beware of fake news triggering a run on their deposits, the bloc’s banking watchdog warned, concerned about a potential fallout from the Russia-Ukraine war. “An escalation of the war might trigger an increase in liquidity risks,” the European Banking Authority (EBA) said in its Risk Dashboard report published on…
EU Regulator Warning Banks of Deposit Runs From Fake News, Spillover Effects of Ukraine War
NATO Must Ensure Conflict Doesn’t Spread Beyond Ukraine: Stoltenberg
NATO Secretary General Jens Stoltenberg said on Tuesday that the transatlantic defense pact must ensure that the conflict in Ukraine doesn’t spill over into neighboring states, an outcome he warned would be more dangerous and destructive than the localized hostilities now roiling the country. “We need to end this conflict, not expand it,” the NATO…
How the Taliban in Afghanistan Could Bolster Conflict in India’s Kashmir
News Analysis SRINAGAR—With the Taliban taking over Afghanistan, serious concerns have arisen over the security situation in Jammu and Kashmir, India’s northernmost territory. It has a Muslim majority. With a recorded history of Kashmiri insurgents getting support from across the border in many sanctuaries in Pakistan and with their reported Taliban links, there are concerns…
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