Tag Archives: US

Panic in financial global market as two top US banks collapse

More than $100 billion has been wiped off in banks’ value in the United States (U.S.), following the collapse of Silicon Valley Bank. The collapse of the bank has been sending shockwaves throughout Wall St. Trading was temporarily halted in dozens of regional banks yesterday as shares fell by up to 75 per cent, despite Joe Biden’s assurances that ‘U.S. ...

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