hello there. we begin in the us where, in an extraordinary move to contain panic in the banking system, 11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic plunged, as investors worry that it could be the next to fail. it follows the stunning collapse of two other specialist lenders, including silicon valley bank. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. that s been putting a ton of pressure on smaller regional banks. depositors at first republic have withdrawn billions of dollars and the regional banks share price has been cut in half. now the biggest of the american banks have stepped in, led by the likes ofjpmorgan and citigroup, 11 companies have agreed to make $30 billion of uninsured deposits in first republic. they have done this in the hope that it will be enough to shore up conf
A massive wildfire in Paphos, Cyprus, forced the evacuation of three villages and destroyed numerous homes and animals on Tuesday. The villages of Psathi, Choulou, and Lemona were evacuated as flames spread uncontrollably.
A total of three villages have been evacuated as wildfires raged out of control engulfing homes and animals, in Cyprus' Paphos district, local media reported.Psathi was the first village to be evacuated before Choulou and Lemona were evacuated .
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