Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Eastern Congo is in the midst of a serious crisis. Over 400 innocent people have lost their lives in recent clashes. The M23 group, backed by Rwanda, has intensified its attacks in South Kivu. This is happening despite a recent peace deal between Congo and Rwanda, which didn't include the M23 group.
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
Eastern Missouri is gearing up for its first snowfall of the season, with a weather alert in place for Friday night and Saturday. The region could see 2 to 4 inches of snow, with some areas potentially getting even more. But why is this happening? It all comes down to some cool physics. Clouds are
Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
Eastern Europe is a hotspot for global clinical trials. Why? Because it's cost-effective. However, this comes with a catch. The region has some gaps in research oversight and a shortage of local experts in research ethics. This raises a big question: Are participants in these trials at risk of being
Eastern Europe is in turmoil. Why? Because President Trump suddenly stopped U. S. foreign aid for 90 days. This move is causing major problems for countries that rely on this money to keep their democracies strong and their economies stable. Why is this a big deal? These countries have been tr
