IMF Blog,update

 

Dear MARIA, We just published a new blog—please find the full text below.  More Work is Needed to Make Big Banks Resolvable (Credit: Seibertfilm/iStock by Getty Images) By Tobias Adrian and Marc Dobler Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion in assets and the second-largest Swiss lender, founded in 1856, failed and was sold to UBS. In the United States, Silicon Valley Bank, Signature Bank and First Republic Bank failed at around the same time amid Federal Reserve interest rate hikes to contain inflation. With a combined $440 billion of assets, these were the second, third, and fourth biggest bank resolutions since the Federal Deposit Insurance Corporation was created during the Great Depression. This banking turmoil represented the most significant test since the global financial crisis of ending too-big-to-fail—whereby a systemic bank can be resolved while preserving financial stability and protecting taxpayers. So, what’s the verdict? In short, while significant progress has been made, further work is required. On the one hand, as we note in a recent report, the actions of authorities last year successfully avoided deeper financial turmoil, and the financial soundness indicators for most institutions signal continued resilience. In addition, unlike many of the failures during the global financial crisis, this time significant losses were shared with the shareholders and some creditors of the failed banks.

U.S. Department of State, update (part 2)

Part 1:https://politikinewsaaa.blogspot.com/2024/03/us-department-of-stateupdate-part-1.html

MS HARBUNOVA:  (Via interpreter) Greetings, everyone.  It’s a great honor for me to be here.  Also, receiving this award and being here is a source of great pride.  I’m also immensely grateful to you because you recognized that I was a courageous woman way before I did.  I’m still getting used to that thought.  (Laughter and applause.) Two years ago today I was in a pretrial detention center, having been detained for taking part in peaceful protest.  I was put in a cell for six months only for speaking out.  There, I was subjected to violence, to torture, and they threatened to take my parental rights from me.  They tortured all of us with cold, with lack of medical care.  I didn’t receive a single letter from my daughter, even though she wrote to me every single day.  Political prisoners in Belarus are made to wear a yellow tag like this, like the one I’m wearing.  It’s not a badge.  Five people have already died in custody.  Six people have disappeared; we don’t know where they are.  They are held incommunicado. After an unfair trial, I was sentenced to three years of house arrest.  In fear of further criminal prosecution, I was forced to leave my home.  I was desperate.  I feared for my life, and saying goodbye to my family was extremely difficult.  In the middle of the night, I had to climb over a tall fence at the international border between Belarus and Lithuania and ask for political asylum.  It made me very angry, and I did not give up.  I became the representative for social policy at the United Transitional Cabinet of Belarus, which is working in exile.  Every day I work to help political prisoners and their families.  Every day I look for work – for ways to secure their release.  I am extremely happy to meet all of you, and I’m very happy to have met my fellow awardees, my dear sisters.  During this time we’ve gained so much energy from each other, so much knowledge, so much new – so many new contacts.  During this program we’ve discussed the issues that our countries are facing.  We look for solutions.  We discussed different options.  You are my inspiration.  Because of you I am not going to give up.  You shine like a diamond in my heart.  (Applause.) Women and girls in Belarus often think, “I am not anybody.  I am not anything special.  There are people who are more worthy than me.  I don’t deserve any award.”  This is how we’re being brought up by patriarchy and dictatorship in Belarus.  We’re taught that we’re nobody. For them, March 8th is just about celebrating the spring and beauty, and women are considered a mere decoration at a workplace and just homekeepers.  We’re never told that we should fight for our rights.  They never talk about equal opportunities and equal rights.  They never let us be heard. There is no law against domestic violence in Belarus.  There is a list of 88 jobs that women are banned from holding, and currently there are at least 187 female political prisoners in custody in Belarus, where they are subjected to torture and violence.

U.S. Department of State,update {part 1)

Bulgaria National Day
03/03/2024

Bulgaria National Day
03/03/2024 12:01 AM EST



Antony J. Blinken, Secretary of State

On behalf of the United States of America, please accept my best wishes to the people of Bulgaria on the 146th anniversary of the Day of Liberation of Bulgaria.

The United States deeply values our more than 120 years of diplomatic relations with Bulgaria. Our partnership, based on shared democratic ideals, fosters peace and prosperity for both our nations and contributes to the unity and security of Europe and the transatlantic community.

We recognize Bulgaria’s commitment to deepening its integration into European institutions, ensuring its energy security and economic vitality, and enhancing its partnership with NATO Allies. We are united in our efforts to support Ukraine and its people as they fight to defend their country and their freedom from the Kremlin’s war of aggression.

I look forward to further partnership in promoting a more secure, prosperous, and equitable future for our two freedom-loving nations.




Bulgaria National Day
03/03/2024



Bulgaria National Day
03/03/2024 12:01 AM EST



Antony J. Blinken, Secretary of State

On behalf of the United States of America, please accept my best wishes to the people of Bulgaria on the 146th anniversary of the Day of Liberation of Bulgaria.

ΚREMLIN's Weekly information newsletter

March 11 − 18, 2024

Economy

Meeting with Head of the Republic of Sakha (Yakutia) Aisen NikolayevMarch 14, 2024, 18:25

Meeting with Government membersMarch 14, 2024, 17:40

Opportunity to use digital financial assets in international settlements legally provided forMarch 11, 2024, 15:25

Foreign Policy

"ΤΟ ΒΗΜΑ" Ειδήσεις

 

Καθαρά Δευτέρα σήμερα και το Βήμα σας εύχεται Καλή Σαρακοστή, την ώρα που το πολιτικό σκηνικό μονοπωλεί η υπόθεση της διαρροής των e-mail από το υπουργείο Εσωτερικών, τα οποία χρησιμοποίησε για την αποστολή newsletter η Ευρωβουλευτής Άννα-Μισέλ Ασημακοπούλου, ενώ κατατέθηκε και η πρώτη σχετική αγωγή κατά του Ελληνικού Δημοσίου.

Βασίλης Νάνης

ΕΓΓΡΑΦΕΙΤΕ ΔΙΑΒΑΣΤΕ

Κατατέθηκε η πρώτη αγωγή κατά του Ελληνικού Δημοσίου για το Ασημακοπούλου leaks Η αγωγή: Κατατέθηκε η πρώτη αγωγή κατά του Ελληνικού Δημοσίου για τη διαρροή των e-mail από το υπουργείο Εσωτερικών, τα οποία χρησιμοποίησε για την αποστολή newsletter η Ευρωβουλευτής Άννα-Μισέλ Ασημακοπούλου. Την αγωγή καταθέτει μια κάτοικος Ολλανδίας η οποία είχε υποβάλει τα στοιχεία της για την εγγραφή της στον εκλογικό κατάλογο προκειμένου να ασκήσει το συνταγματικό δικαίωμά της στην ψηφοφορία των εθνικών εκλογών του 2023. Η αντιπαράθεση: Παράλληλα, κλιμακώνεται η πολιτική αντιπαράθεση γύρω από την υπόθεση, με τον βουλευτή του ΣΥΡΙΖΑ, Πέτρο Παππά να δηλώνει πως «είναι ένα πολύ σοβαρό πλήγμα στην αξιοπιστία της διαδικασίας του υπουργείου Εσωτερικών, στην αξιοπιστία της προστασίας των προσωπικών δεδομένων και παράλληλα αμφισβήτηση στην ικανότητα του υπουργείου να διενεργήσει πλέον και την διαδικασία της ηλεκτρονικής ψήφου» ενώ πρόσθεσε πως η υπουργός Εσωτερικών, Νίκη Κεραμέως , «γνώριζε ή δεν γνώριζε έχει την ευθύνη του υπουργείου». Από την πλευρά του, ο βουλευτής του ΠαΣοΚ, Παύλος Χρηστίδης, ανέφερε πως «το ΠαΣοΚ από την πρώτη στιγμή έχει πει ότι μιλάμε για ένα σκάνδαλο σε δύο επίπεδα: το πρώτο αφορά την κα Ασημακοπούλου και τον τρόπο που διαχειρίστηκε κάποια προσωπικά δεδομένα και το δεύτερο σκάνδαλο αφορά από πού βρήκε τα προσωπικά δεδομένα.

"EΘΝΟΣ" Ειδήσεις

 

Καμπανάκια στην κυβέρνηση για τα δημοσκοπικά μηνύματα: Ανησυχία για ψήφο διαμαρτυρίας και διαρροές στα δεξιά Με προσοχή διαβάζουν στην κυβέρνηση τα ευρήματα των τελευταίων δημοσκοπήσεων παρά τη σημαντική διαφορά από τα κόμματα της αντιπολίτευσης  Διαβάστε το Το πρώτο μήνυμα Πούτιν μετά την επανεκλογή του: Δεν θα εκφοβιστούμε – Έχουμε την πρωτοβουλία στην Ουκρανία «Έχουμε πολλούς συγκεκριμένους και σημαντικούς στόχους να φέρουμε εις πέρας. Τα αποτελέσματα των εκλογών δείχνουν την εμπιστοσύνη των πολιτών της χώρας και την ελπίδα τους ότι θα κάνουμε όλα όσα προβλέπονται»

NORWAY's latest

Government.no

Your news alert

Week 12

Norway will meet NATO's 2% guideline in 2024

Press release | 14/03/2024 | Office of the Prime Minister, Ministry of Finance, Ministry of Defence

'The security situation nationally and internationally require that we strengthen our defence now. Norway will meet NATO's 2% guideline this year. Norwegian and allied security is not to be taken for granted. We face a more dangerous and more unpredictable Russia for many years to come. Our allies are increasing investments in security and defence. So are we. We will take responsibility for our security, and we will contribute to European security', says Prime Minister Jonas Gahr Støre.

News alert about: Defence

EUROPEAN BANK's update

 

Supporting Ukraine's European destiny: a multilateral's perspective EBRD President, Odile Renaud-Basso, will outline the EBRD’s vision for helping Ukraine achieve its European destiny during a public lecture at the London School of Economics on Monday, 18 March, from 6.30pm to 8.00pm. Find us on This email was sent to politikimx@gmail.com using GovDelivery Communications Cloud on behalf of: European Bank for Reconstruction and Development · Five Bank Street · London E14 4GB · United Kingdom · +44 020 7338 6000