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what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. ....
60 of the scottish electorate voted for parties who vowed to try and block another referendum on scottish independence, so Nicola Sturgeon knows she is now on the wrong side of public opinion. What she has to do is to try to find a way to row back from demands for another Independence Referendum Without Com Pletely independence referendum without completely closing of the option just in case circumstances change during or after Brexit Negotiations. Sarah smith, thank you. In wales, the labour party had a strong night taking back a number of seats from the conservatives. Labour ended up with 28 seats, while the tories now have eight and plaid cymru won four. The liberal democrats lost their only welsh mp. The tories saw their hopes to make gains in pro brexit areas dashed. Our correspond ....
In late 1820 and early 1821, John James Audubon traveled by flatboat from Cincinnati to New Orleans. He was already 15 years into his effort to study and draw the birds of America, and he let James Miller, the governor of Arkansas Territory, know of his intention to enter Arkansas for his purpose. ....
Lumea nu a fost niciodată într-o poziţie mai bună pentru a pune capăt pandemiei COVID-19, a declarat miercuri şeful Organizaţiei Mondiale a Sănătăţii, cea mai optimistă perspectivă a sa de până acum cu privire la criza de sănătate care durează de ani de zile şi care a ucis peste şase milioane de persoane. ....