Damon

Silicon Valley Bank was the second-largest default of a US bank in modern history. In our view, there is no threat to the overall banking system, but the dynamics will remain negative for smaller US financial institutions.

Figures published earlier this month showed that the U.K. GDP contracted by 0.5% in December, as the economy flatlined over the final quarter of 2022 to narrowly avoid a technical recession.

Inflation “remained well above” the Fed’s 2% target, the minutes said. That came with labor markets that “remained very tight, contributing to continuing upward pressures on wages and prices.”

The only remaining arms control agreement between the world’s largest nuclear powers – the New Start treaty – is on shaky footin

Russian President Vladimir Putin attends the opening of new health facilities via a video link at the Novo-Ogaryovo state residence, outside Moscow, on February 15, 2023.

Entering 2023 stronger than projected in autumn, the EU economy is now expected to escape the recession that was anticipated for the turn of the year. For the first time in a year, the 2023 projections for growth are revised higher while the inflation outlook is revised lower.

European gas markets ended 2022 in much better shape than they had been during the catastrophic first quarter. But they are not out of the woods yet.

Tory MPs warn UK prime minister must not push through his deal on the back of opposition votes.

The logic behind the slow-build approach to military aid.

Strong US non-farm payrolls, January CPI, and retail sales in January could be a stumbling block for Ether.