From Jenna Orkin China’s Xi gains unprecedented third term as president Despite the bank being in sound financial condition prior to March 9, 2023, investors and depositors reacted by initiating withdrawals of $42 billion in deposits from the Bank on March 9, 2023, causing a run on the Bank. As of the close of business on March 9, the bank had a negative cash balance of approximately $958 million. The ‘Enshittification’ of TikTok Silicon Valley Bank imploded in a single day. It could just be the tip of the iceberg. The Federal Reserve's prolonged period of low interest rates created many financial dislocations that are now flaring up. A North Carolina pastor narrowly escaped death after his wife stopped doctors from prematurely harvesting his organs Gunman who killed 6 at German Jehovah’s Witness hall had been flagged to police Republicans push wave of bills that would bring homicide charges for abortion Can Silicon Valley stop the next COVID? Brigitte Macron perd son procès contre deux femmes qui l’accusaient d’être transgenre The Hinrich-IMD Sustainable Trade Index (STI) measures how effectively 30 major trading economies are geared for long-term economic growth, environmental protection, and societal development across 70 indicators.