Uncategorized – Page 32 – Prologue Journal

Russian rouble soars as US banking intervention hurts dollar

Jerusalem Post “The key event of the week is Friday’s central bank rate decision, where we do not expect to change, with the hawkish rhetoric to remain,” said Dmitry Polevoy, head of investment at Locko-invest https://www.jpost.com/business-and-innovation/banking-and-finance/article-734190

Biden says to do ‘whatever needed’ as banks hit despite SVB action

Jerusalem Post US regulators on Sunday stepped in after the collapse of SVB – the largest US bank failure since 2008, which suffered a run after a big hit on a portfolio of bonds. https://www.jpost.com/breaking-news/article-734178

Signature Bank collapses after SVB in biggest US bank failure since 2008

Jerusalem Post Biden on Sunday hinted at new regulation of big banks after the biggest US bank failure since the 2008 financial crisis, but faces a divided Congress. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734137

Israeli SVB branch closes after collapse, dozens laid off

Jerusalem Post Experts warned that following the collapse, Israeli startups will face decreased valuation and increased competition for funding. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734064

Israel stocks slip on SVB failure, government vows aid for tech firms

Jerusalem Post Israel’s tech sector is the country’s main growth engine and its relationship with the Silicon Valley region is strong. Many Israeli startups had accounts at SVB although the amounts are unconfirmed. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734059

Silicon Valley Bank fallout starts to spread around the world

Jerusalem Post SVB had branches in Canada, the UK, China, Denmark, Germany, India, Israel and Sweden, and the scenes coming out of California are just the beginning. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734050

‘History will hold Donald Trump accountable’ for Jan. 6, Pence says

Jerusalem Post Pence, who is considering a run for the Republican nomination for the 2024 presidential election, was whisked to safety by law enforcement during the attack. https://www.jpost.com/american-politics/article-734043

Silicon Valley Bank collapses, largest failure since 2008 crisis

Jerusalem Post Netanyahu says he is closely following the events. https://www.jpost.com/business-and-innovation/article-734023

Elon Musk: Capitol rioter QAnon Shaman must be freed from prison

Jerusalem Post Despite Musk’s claims of false portrayal in the media, the QAnon Shaman plead guilty in September 2021 to obstructing an official proceeding when he stormed the US Capitol. https://www.jpost.com/american-politics/article-733993

Biden challenges Republicans with budget that raises taxes on rich, sets up 2024 run

Jerusalem Post The Democratic president will highlight plans to cut the nation’s deficit by nearly $3 trillion over 10 years by raising taxes on those earning more than $400,000 a year. https://www.jpost.com/american-politics/article-733859