Silicon Valley Bank collapse: How are governments in Europe dealing with the fallout?

The collapse of Silicon Valley Bank (SVB), the biggest bank failure since 2008, has sparked alarm across the world as governments try to assess its impact on tech start-ups, other financial institutions and even pension funds. On Monday, US president Joe Biden assured Americans the…

Russia’s Medvedev warns of nuclear fallout if Russia defeated by NATO arms in Ukraine

Ardent ally of Russian President Vladimir Putin and Deputy chairman of Russia’s Security Council Dmitry Medvedev on Thursday warned NATO allies that a defeat for Russia in Ukraine could provoke a nuclear war.  “The loss of a nuclear power in a conventional war can provoke the beginning…

Chicago’s Lightfoot faces competitive re-election bid over crime fallout ahead of Thursday’s debate

Chicago Mayor Lori Lightfoot is facing a competitive re-election bid ahead of Thursday’s debate with a large field of opposing candidates expected to challenge what many view as a disappointing performance related to the COVID-19 pandemic and in tackling violent crime plaguing the Windy City….

Fallout from Los Angeles racism scandal keeps shaking City Council

LOS ANGELES — Two months after becoming entangled in a racism scandal that shook public trust in Los Angeles government, disgraced City Councilman Kevin de Leon has refused calls to resign and is attempting to rehabilitate his reputation as he faces a politically uncertain future….