The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.
Half of America’s banks are potentially insolvent – this is how a credit crunch begins
Tag: Basel Committee on Banking Supervision
Washington Seeks to Drum Up Support for Sanctions on China

The Joe Biden administration is pressuring allies to sanction China if Beijing decides to send arms to Russia, Reuters reported on Wednesday. Top American officials have claimed the Chinese government is considering providing weapons for Moscow’s war in Ukraine.
Washington Seeks to Drum Up Support for Sanctions on China
Related:
US House committee advances slew of sanctions bills related to China and Taiwan
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