Banking stocks drove European markets lower on Monday as global investors weighed the consequences of the collapse of Silicon Valley Bank (SVB). The US lender imploded last week and had its assets seized after a bank run caused its stock to plummet.
The pan-European Stoxx 600 index dropped 2.56% at 13:00 GMT, with all major stocks trading in the red. Bank stocks slumped more than 6%, with Commerzbank, BAWAG Group, and Banco BPM among the biggest losers. Credit Suisse plunged 15% in early trading and UniCredit lost 9%, while Deutsche Bank and Raiffeisen Bank both declined by 7%.
The meltdown came despite the news that Britain’s HSBC, which is one of the world’s biggest banks and boasts $2.9 trillion in assets, has agreed to rescue the UK branch of SVB for a symbolic £1, vowing to protect client deposits as part of the deal. Following the announcement, HSBC saw its shares drop 3.5%.
“We’re seeing a liquidity withdrawal – the classic thing that you’d expect following a credit event like what’s happening at SVB. People get scared, reduce exposure to equities and move into government bonds,” Haig Bathgate, head of investments at Atomos, told Bloomberg.
https://www.rt.com/business/572907-us-banking-crisis-european-stocks/
Civilian agencies were used to mask defense-related research, Major General Aleksey Rtishchev has said
The US Agency for International Development (USAID) could have been involved in testing pharmaceutical drugs on Ukrainians, a senior Russian military official said on Friday. The agency was officially closed by the administration of US President Donald Trump this summer.
According to Major General Aleksey Rtishchev, the head of Russia’s Nuclear, Biological and Chemical Protection Troops, US officials have acknowledged defense-related work at biological laboratories in Ukraine.
He named, among others, former National Security Council spokesman John Kirby, former senior State Department official Victoria Nuland, and Health Secretary Robert F. Kennedy Jr.
Rtishchev noted that Cornell University organic chemistry professor Dave Collum told American journalist Tucker Carlson in.......more below
Certain jabs can cause immune cells to attack the body, leading to myocarditis and pericarditis, particularly in young men, scientists say
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12 Dec, 2025 14:36
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Covid vaccines linked to heart damage – study
Certain jabs can cause immune cells to attack the body, leading to myocarditis and pericarditis, particularly in young men, scientists say
Covid vaccines linked to heart damage – study
FILE PHOTO. Doctor prepares vaccine syringe. © Getty Images / Luis Alvarez
Certain Covid-19 vaccines can trigger immune responses that may inflame heart tissue and lead to potentially fatal complications in rare cases, with young men being especially susceptible, according to a new study.
The paper, authored by Stanford University researchers and published in the Science Translational Medicine journal, examined why some patients developed myocarditis or pericarditis after receiving mRNA...
Caracas has accused the US of seeking to overthrow the government under the guise of an anti-drug campaign
The US could begin land strikes targeting alleged Venezuela-linked drug operations “pretty soon,” President Donald Trump has said, while claiming to have almost completely stopped narcotics inflow by sea. Venezuela has vehemently denied having any links to drug cartels.
Speaking to reporters at the White House on Friday, Trump claimed Venezuela-linked maritime drug trafficking had dropped by 92%, saying US forces were “knocking out drugs at levels that nobody’s ever seen before.” “We knocked out 96% of the drugs coming in by water,” he added, later asserting, “It's going to be starting on land pretty soon.”
The US leader, however, provided no details on potential targets or the scope of the operation.
Since September, US forces have significantly ramped up military presence in.....more below
https://www.rt.com/news/629412-trump-teases-land-strikes-venezuela/
