Credit Suisse erupts into a full-blown crisis raising recession fears | Explainer | Oneindia News
Video Credit: Oneindia - Duration: 05:32s - Published
Credit Suisse erupts into a full-blown crisis raising recession fears | Explainer | Oneindia News
The threat of financial contagion after the fall of the Silicon Valley Bank and Signature bank seems to be coming real….And perhaps it is gradually spreading to Europe.
The situation seems grim and ominous in one of the Europe’s mightiest banks.
This time, one of the largest global investment banks of the world, Credit Suisse, seems to be on the verge of collapse….or if not on the verge of collapse, its situation certainly seems to be in the red for the moment.
The bank has said that it is taking a "decisive action" to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis.
Robert Kiyosaki, an investor, author, and Wall Street analyst who predicted the collapse of Lehman Brothers in 2008, believes that Credit Suisse is on the verge of collapse.
Actually, the underlying problem with Credit Suisse is not something completely new.
Today, we take a look at what exactly is going on with this investment bank and what had happened during last few years that had severely dented its credibility.
But before that, don’t forget to like, share and subscribe to Oneindia.
U.S. President Donald Trump has ignited a global trade storm by raising tariffs on Canadian imports to 35%, accusing Ottawa of failing to curb fentanyl and drug flows into America. Prime Minister Mark Carney defended Canada’s efforts, but Trump claimed negotiations fell short. The new rate—up from 25%—comes amid broader tariffs hitting dozens of countries.
Despite the USMCA shielding nearly 90% of Canadian exports, key goods like dairy, wood, and leather may still be taxed. Trump spared Mexico for now but warned that other nations—including Taiwan, India, Laos, and even Switzerland—face harsh levies, some as high as 41%. Critics warn of soaring consumer prices and economic disruption, but the White House insists the tariffs are "rebuilding the greatest economy in history." With global trade talks in limbo and retaliations expected, this marks Trump’s boldest move yet in his battle to reset world commerce.
#TrumpTariffs #CanadaTradeWar #USCanadaTensions #35PercentTariff #GlobalTradeCrisis #DrugPolicy #USMCA #TrumpNews #FentanylCrisis #MexicoTrade #IndiaTariff #TaiwanSanctions #Laos40PercentTariff #TradeDeficit #TrumpTradePolicy #MarkCarney #WhiteHouseOrders #EconomicShockwave #TrumpVsWorld #TradeWar2025
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President Donald Trump has announced sweeping new tariffs on U.S. imports from over 90 countries, with rates soaring as high as 41%. Citing emergency powers and national security concerns, Trump’s executive order targets goods ranging from coffee and textiles to steel and electronics. Major trade partners like India, Canada, China, and Switzerland are hit hard, with some facing steep penalties on top of existing tariffs. What does this mean for global trade, U.S. consumers, and diplomatic relations? We break it all down in this video.
#Trump #Tariffs #TradeWar #USImports #EmergencyPowers #GlobalEconomy #India #China #Canada #USPolitics #WhiteHouse #BreakingNews #TrumpTariffs #TradeDeficit #AmericaFirst #EconomyNews
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Russia’s war on Ukraine has sparked a domino effect, pushing more European nations toward NATO. Austria, long neutral, is now debating membership as Foreign Minister Beate Meinl-Reisinger warns neutrality no longer ensures security. Joining NATO would end Austria’s historic role as a bridge between East and West, signaling a major geopolitical shift. Analysts say this move could inspire other neutral states like Switzerland and Serbia to reconsider their positions. Instead of weakening NATO, Putin’s war has strengthened and expanded the alliance, isolating Russia further
#Putin #UkraineWar #NATO #Austria #Neutrality #EuropeanSecurity #Russia #BeateMeinlReisinger #DieWelt #Geopolitics #GlobalSecurity #DominoEffect #Switzerland #Serbia #NATOExpansion #Article5 #Moscow #DiplomaticShift #AlliancePolitics #EasternEurope #PutinBackfires #UkraineConflict #SecurityDebate #RussiaIsolation #CollectiveDefense #WestVsRussia #AustriaNeutrality #DefensePolicy #WarImpact #StrategicShift #EuropeNews
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England Lionesses hold an open training session in Zurich ahead of Tuesday’s semi-final against Italy at the UEFA European Women’s Championship in Switzerland. Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict between the White House and the central bank raises fears of economic instability and political tension. What does this mean for borrowers, investors, and the future of the U.S. economy? Watch to get the full breakdown of the battle heating up in Washington and Wall Street.
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The decision by a grand jury to indict former US President Donald Trump has put spotlight on a few others apart from Trump himself. One of those is Alvin Bragg the Mahattan DA. He is the one who is..
Deutsche Bank Shares Slide , as Cost of Default Insurance Rises.
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