The risk measurement agency Moody’s on Tuesday lowered its perspective on the entire banking system of USA from stable to negative, due to a “rapidly deteriorating operating environment.” “We have changed our outlook from stable to negativeivto on the US banking system to reflect the rapidly deteriorating operating environment following deposit withdrawals in Silicon Valley […]
Tag: USA
Zuckerberg Announces Cuts of 10,000 More Jobs at Meta
Goalthe parent company of social media Facebook and instagramwill cut 10,000 more jobs, after a first wave of 11,000 layoffs in early November, the group’s CEO announced Tuesday, mark zuckerberg. In addition, the Menlo Park, California-based giant will eliminate 5,000 currently vacant positions from its organization chart and for which there will be no hiring, […]
US inflation slowed to 6.0% yoy in February
Inflation slowed down USA in February to 6.0% year-on-year, its lowest level in almost a year and a half, at a time when the fed (central bank), in charge of stopping the rise in prices, is against a rock and a hard place after the bankruptcy BLS. On a month-over-month basis, inflation fell to 0.4%, […]
Lack of sleep could make vaccines less effective
The degree of protection from vaccines may depend on getting enough sleep, at least six hours, in the days before and after the injection, says a study published today in Current Bilogy. A team from the universities of Chicago (USA) and Lyon (France) reviewed part of the literature related to sleep duration and the body’s […]
FDA approves first treatment for Rett syndrome
The Food and Drug Administration (FDA) of USA announced Monday that it has approved Daybue (trofinetide) oral solution as the first treatment for Rett syndrome, a rare genetic neurological disorder. The approval of the US regulator authorizes its use in adults and children from two years of age. Those affected can ingest Daybue orally or […]
SVB joint venture in China says its operations are “solid”
The joint venture that the collapsed US bank Silicon Valley Bank (SVB) It has in China assured this weekend that it has always operated in a “regulated and solid” manner in accordance with the regulations of the Asian country. The SPD Silicon Valley Bank (SSVB) founded in 2012 together with the state-owned Shanghai Pudong Development […]
Reactivating the economy and tension with the US, challenges for Xi’s new team
China finished today his National People’s Assembly (ANP, Legislative) in which Xi Jinping revalidated his presidential mandate for another five years with a new Executive that will have to reactivate the economy and manage tensions with USA. The almost 3,000 delegates who gathered at this annual event, in which opposition to the measures presented is […]
US government does not plan to rescue SVB bank but wants to avoid contagion
The secretary of us treasuryJannet Yellen, stated that the government is working to avoid financial contagion in the face of the collapse of Silicon Valley Bankbut ruled out that they go to his “rescue”. “We want to make sure that problems that exist in one bank don’t create contagion to others that are strong”Yellen said […]
A storm in California leaves at least two dead and breaks a levee
Another mighty storm hit California between Friday night and early Saturday morning, forcing thousands to evacuate and leaving two dead, while causing a levee to breach off the Monterey County coast. “We hoped to avoid and prevent this situation, but the worst scenario came when the Pájaro River overflowed its banks and broke the dam […]
The salary Silicon Valley Bank offered its staff for 45 days of work
The Federal Deposit Insurance Corp (FDIC), the regulatory body that took control of the bankrupt bank on Friday, offered employees of Silicon Valley Bank 45 days of employment at 1.5 times his salary, according to an email sent to staff and seen by Reuters. Workers will be enrolled and given benefits information over the weekend […]