While the most common type of risk faced by a commercial bank is a jump in loan defaults – known as credit risk – that’s not what is happening here, writes Vidhura S. Tennekoon.
Why SVB & Signature Bank Failed So Fast
Category: U.S. Congress
US Military Stonewalling on Hazardous Hawaii Fuel Facility
Ann Wright responds to a “caution” buried in a voluminous national security law about what might prevent the closure of the U.S. military’s spill-prone Red Hill jet-fuel tanks.
Union Leader & US Senator Exchange Verbal Blows
“There’s a class war going on whether we want to recognize it or not,” Sen. Bernie Sanders said at the conclusion of Wednesday’s combative hearing on the right of workers to organize unions.
A Fantasy of Angelic, US Omnipotence
Bruce Fein says Robert Kagan is convinced the U.S. has yet to metamorphose the world into paradise because of insufficient appreciation of its omnipotence, omniscience and benevolence, as outlined in Kagan’s 2006 neocon book Dangerous Nation.
Chris Hedges: Building a Left-Right Coalition Against War
To those who suffer directly from U.S. and NATO aggression, the demands of the Feb. 19 Rage Against the War Machine rally in Washington are not theoretical issues. For them, it is a matter of life or death. They welcome…
LISTEN: Nord Stream Attack an ‘Act of War’
Ray McGovern discusses Seymour Hersh’s story, “How America Took Out The Nord Stream Pipeline” on Garland Nixon and Wilmer Leon’s radio show, The Critical Hour. (With transcript).
Craig Murray: Sy Hersh & The Way We Live Now
Coverage of the sabotage of the Nordstream pipelines helped Murray realize something important about how the Big Lie works.
Making Taiwan the Ukraine of the East
To understand the contemporary geopolitical significance of the Republic of China, Vijay Prashad says it is necessary to examine Cold War history.
Craig Murray: Profiteering from Death
Murray says energy giants such as Shell are not alone in profiting from the war in Ukraine. Everybody with a finger in the pie is clamoring to send more tanks and planes.
Earthquake Sets Off Criticism of US Sanctions on Syria
The U.S. State Department made it clear on Monday that it was only willing to support some work carried out in Syria by NGOs, but that it would have no dealings with the al-Assad government, Peoples Dispatch reports.