On March 16, Credit Suisse announced
that it will take out a $54 billion
loan from Switzerland's central bank.
NBC reports that the move comes amid fears of a , global banking crisis.
Following the collapse of two major banks in
the United States, investors have signaled widespread
concerns regarding the stability of the financial sector.
Following the collapse of two major banks in
the United States, investors have signaled widespread
concerns regarding the stability of the financial sector.
Credit Suisse, the second-largest commercial lender in Switzerland, saw its stock recover by about 20% following its loan announcement.
Credit Suisse, the second-largest commercial lender in Switzerland, saw its stock recover by about 20% following its loan announcement.
The move reversed course on
a steep decline in the wake of the collapses
of Silicon Valley Bank and Signature Bank.
The move reversed course on
a steep decline in the wake of the collapses
of Silicon Valley Bank and Signature Bank.
NBC reports that a number of midsized and regional
banks remain under pressure, including
First Republic, PacWest and Western Alliance.
.
Earlier this week, First Republic's stock
was downgraded to junk status by two
major credit rating agencies.
.
Following the downgrade, stock
in First Republic plunged 35%.
Meanwhile, stock in regional banks
PacWest and Western Alliance
was down 17% and 11%, respectively.
Europe is facing a record-breaking heatwave with unprecedented temperatures sweeping across multiple countries. Paris has closed the top level of the Eiffel Tower due to metal expansion, while Switzerland shut down a nuclear reactor as rivers overheated. France issued red alerts in several regions, and Spain is battling wildfires with fatalities reported. The U.K. logged its second-warmest June since 1884. Experts blame climate change for the worsening crisis, as Europe now warms at twice the global rate. The U.N. warns this extreme heat threatens fundamental rights and demands urgent climate action.
#EuropeHeatwave #ClimateCrisis #EiffelTower #ParisHeat #NuclearShutdown #Switzerland #SpainWildfires #HeatAlert #ClimateEmergency #RecordHeat #EUHeatwave #RedAlert #GlobalWarming #ExtremeWeather #UNWarning #Heatwave2025 #ClimateChange #EnvironmentCrisis #MeltingEurope #WeatherUpdate #AxpoEnergy #RiverTemperatures #HotEurope #ClimateWarning #HeatwaveNews #HeatCrisis
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The England womenās national football team have arrived in Zürich for the start of the European Championship in Switzerland. Euro 2025 kicks off on Wednesday, with Englandās first Group D match against France taking place on Saturday evening. The Lionesses were visited by Prince William at St Georgeās Park earlier on Monday before flying out to Switzerland. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
2025 Women's Euros: Who will taste success in Switzerland?
Sixteen teams will compete in the 2025 UEFA Women's Championships in Switzerland.
Current European Champions England are looking to defend the title they won at Wembley four years ago.
In partnership with Media City
READ MORE : http://www.euronews.com/2025/06/26/2025-womens-euros-who-will-taste-success-in-switzerland
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Credit: euronews (in English) Duration: 06:05Published
During an Oval Office meeting with South African President Cyril Ramaphosa, Donald Trump lashed out at NBCās Peter Alexander over a question about a $400 million private jet gifted by Qatar. Instead, Trump redirected the conversation to what he claimed was the āgenocideā of white South African farmers, presenting a controversial video and accusing Alexander of ignoring white suffering. The tense moment highlighted Trumpās continued push on racially charged narratives, refugee decisions, and diplomatic theatrics involving U.S. allies and global perception.
#Trump #NBCNews #PeterAlexander #SouthAfrica #QatarJet #WhiteFarmers #KillTheBoer #OvalOffice #CyrilRamaphosa #TrumpRage #USPolitics #Qatar #RefugeePolicy #RacePolitics #MediaClash #PressFreedom #BoerGenocideClaims #TrumpNews #BreakingNews #QatarGift #USDiplomacy #TrumpControversy #NBCReporter #WhiteGenocideClaim #SouthAfricaNews #TrumpSpeech #PoliticalDrama #WorldNews #TrumpVsMedia #OvalOfficeDrama #ViralMoment
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During a high-profile White House meeting with South African President Cyril Ramaphosa, U.S. President Donald Trump clashed with a reporter questioning his stance on welcoming White Afrikaners. In a fiery exchange, Trump dismissed NBC as āFake Newsā and pointed to recent reports of White South Africans being attacked and fleeing due to violence and what he called "racist laws." He shared articles and headlines with Ramaphosa and the press, igniting controversy and global debate. Watch the full exchange and unpack the political and racial tensions at the heart of this moment.
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The US is reportedly considering relocating up to one million Palestinians from Gaza to Libya, NBC reported, citing sources. In return, Washington may unfreeze $30 billion in Libyan funds. The plan has sparked outrage, with critics calling it a violation of international law and Palestinian rights. Libya remains unstable with rival governments vying for power. The Trump administration has denied the claim, calling it āuntrue.ā Discussions allegedly included Israeli and Libyan leadership, but no final deal has been reached. Human rights groups have condemned the potential displacement.
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The next series in 'The Office' world officially has a title ā and a premiere date. Set in the same universe as the hit NBC mockumentary, the spinoff series will be called 'The Paper' and follow a publisher, played by Domhnall Gleeson, and his employees at a dying small-town newspaper in Toledo, Ohio. The series is set to premiere in September.
Credit: The Hollywood Reporter Duration: 01:15Published
'Lopez vs. Lopez' and 'Night Court' have both been canceled after three seasons at NBC. This news comes after 'Night Court' aired its third season finale, which will now serve as its series finale, on Tuesday. However, sources say Warner Bros. TV, which produces the show with Universal TV, may try to find a new home for the series.
Credit: The Hollywood Reporter Duration: 01:09Published
President Donald Trump was visibly irritated during a press event after being asked about Wall Streetās trending term āTACO Tradeā ā short for āTrump Always Chickens Out.ā The phrase, used by investors to suggest that Trump backs down under market pressure, triggered a fiery exchange. āThatās a nasty question,ā Trump told the reporter, firmly denying that he ever backs off. He doubled down on his tough stance on tariffs, especially against China, but the viral moment is now fueling fresh debate over whether the president folds when financial pressure mounts.
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Swiss Officials , Reach Emergency Deal , to Save Credit Suisse.
On March 19, Swiss officials announced
a last-minute deal for an emergency takeover of
the troubled Credit Suisse by fellow banking..
Credit: Wibbitz Top Stories Duration: 01:31Published