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The Silicon Valley Bank, which has been key lender to US startups since 1980s, failed after depositors hurried to withdraw money over liquidity concerns. ....
The recession of the world economy has little to do with the issue of military conflicts in Ukraine, the main reason for the collapse is the heavy Western sanctions against countries like Russia, has said an analyst. ....
Can the British government, headed by the multimillionaire Prime Minister, Rishi Sunak and his austerity budget even come close to fixing the UK economic crisis, which has resulted in many eating pet food? ....
Britain inflation rate stands at 41-year high of 11.1% amid soaring food and energy prices. UK media say soaring costs of living have pushed Britons in some regions to eat pet food. ....