Credit Suisse AT1 Bondholders Considering Legal Action
Credit Suisse Additional Tier 1 (AT1) bondholders are exploring possible legal action following the state-backed rescue by UBS which wiped out AT1 bonds according to
Credit Suisse Additional Tier 1 (AT1) bondholders are exploring possible legal action following the state-backed rescue by UBS which wiped out AT1 bonds according to
Japan’s Prime Minister Fumio Kishida made a surprise visit to Ukraine and is expected to meet with Ukrainian President Volodymyr Zelenskyy in Kyiv. Kishida has
Spain’s Socialist government led by Prime Minister Pedro Sánchez is facing a vote of no confidence brought by the country’s right-wing Vox party. The Vox
A Russian Su-35 “Flanker” fighter intercepted an American B-52 bomber over the Baltic Sea, less than a week after Russian fighters forced down an American
On Monday shares of Credit Suisse fell 60 percent, a day after rival UBS acquired the troubled bank at a lowball price of 3 billion
Credit Suisse, Switzerland’s second biggest lender, announced it would borrow up to 50 billion Swiss francs, equivalent to $53.68 billion, from the Swiss National Bank
On Wednesday Credit Suisse lost nearly 25% of its value, plunging to a new record low. The Swiss bank’s largest investor, Saudi National Bank (SNB),
An estimated 5,600 tons of garbage have gone uncollected in Paris alone due to the ongoing strike by garbage collectors, street cleaners and sewage workers
Polish authorities have detected an outbreak of African Swine Fever (ASF) in 5 wild boar according to the World Organization for Animal Health (WOAH). The
Thousands of flights in and out of seven German airports have been cancelled as workers strike for an increase in wages to combat inflation. An
Seymour Hersh, Pulitzer Prize-winning journalist, has alleged U.S. Navy divers planted remotely triggered explosives that destroyed the Nord Stream 2 natural gas pipeline last September.
Ukrainian President Volodymyr Zelenskyy claims that Ukraine has intercepted details of an alleged Russian plan to collapse the democratic government of Moldova and create a
Seymour Hersh, Pulitzer Prize journalist who exposed the My Lai Massacre during the Vietnam War, has published an article claiming that the U.S. Navy is
The French government is expecting another round of mass protests objecting to the Macron government’s pension reforms. Approximately 1.1 million people took to the streets
Britain vows to ban conversion therapy for the LGBT community in England and Wales, disputing the efficacy of treatments that claim to “change” a person’s
The UK government said it will block a new bill introduced that will make it easier for Scottish citizens to lawfully change their gender. Secretary
Russia and Belarus have begun a joint military exercise which will last until February giving rise to concerns that Belarus will actively join Russia in
The Chinese government has slammed COVID-19 testing requirements imposed on passengers from China by the U.S. and several European nations. “We believe that the entry restrictions adopted
A Libyan man named Abu Agila Mohammad Mas’ud Kheir Al-Marimi is now in US custody under allegations of being involved in the terrorist attack that
Multiple explosive boxes and letters have been sent via mail to various embassies and government offices in Spain. Packages were sent to the Ukrainian Embassy
Spain will enact a new ethics code to prevent toy manufacturers from using sexism stereotypes in their advertisements. A government statement explains, “The characterization of
The EU threatened Elon Musk with banning Twitter from Europe unless the social media platform follows European content moderation guidelines. EU commissioner Thierry Breton said
The Dutch government is planning to close around 3,000 farms near areas regarded as environmentally sensitive to comply with EU climate regulations. The Netherlands stated
Less than half of the population in England and Wales identify as Christian according to the latest census data. This marks the first time a
Italy refused port to a humanitarian rescue ship, the Ocean Viking, holding 234 migrants. Newly elected Italian conservative prime minister, Giorgia Meloni, dispatched the ship
Last Tuesday a missile suspected to had been fired from Ukraine went astray killing two people in Poland. Polish President Andrzej Duda stated, “Ukraine’s defense
Commander of Iran’s Revolutionary Guard Hossein Salami said that he will punish “the enemies of the Islamic Republic” after their “interventionist and mischievous actions” with
Chinese President Xi Jinping urged Russian President Vladimir Putin to avoid using nuclear weapons in its war with Ukraine, and to call on German Chancellor
The Russian Defense Ministry said Russia is resuming the grain export deal with Ukraine after obtaining “sufficient” assurances that Kyiv will demilitarize the passageway for
Leaders of Poland and Germany visited Africa’s western coast searching a new liquefied natural gas project being developed in the region. The initial field is
The world’s second largest steel company, ArcelorMittal, has been forced to shut down two of the largest steel mills in Germany due to energy prices
Russia blasted off what seemed to be Iranian-made “kamikaze” drones in Kyiv, Ukraine. Leaving several villages without electricity, Russia declared that it had impacted “all
Sweden says the preliminary results of its investigation of the Nord Stream pipeline explosions will not be shared with Russia, deeming the information as “confidential.” It
The liquified natural gas (LNG) sector is experiencing dramatic spikes in shipping rates due to the disruption in the energy supply chain caused by the
According to German newspaper Der Spiegel, German security officials maintain the Nord Stream pipelines in the Baltic Sea were attacked by “highly effective explosive devices,”
Russian gas pipelines Nord Stream 1 and 2 are believed to have been sabotaged after leaks were discovered in the pipelines following undersea explosions detected
More than 2,300 Russians have been arrested in dozens of cities this week while protesting the conscription of 300,000 men for Russia’s invasion of Ukraine.
The Russian ruble falls following President Vladimir Putin’s threats to use nuclear weapons and announcement of plans to call up 300,000 extra troops. Russia’s currency
European Parliament alleges Hungary is not a democracy any longer. According to Reuters, the European Commission is expected to recommend the suspension of billions earmarked
Europe is facing another three to five years of gas shortages exacerbating the current energy crisis according to Ed Morse, Citigroup Inc’s global head of
Since February 24, 5.5 million Ukrainian refugees have crossed the Polish-Ukrainian border. Since the Russia-Ukraine war began nearly 3.75 million people have left Poland for
The British National Farmers Union (NFU) estimates that tens of millions of pounds worth of food have been left to rot in fields this year
U.K. Justice Secretary Dominic Raab plans to prohibit biological males from being housed in women’s prisons, following high-profile incidents involving transgender inmates. Officials say there
At a peaceful protest in the Dutch city of Almelo on Monday, police used force on a group of farmers protesting over the removal of
Sen. Josh Hawley (R-MO) wrote in an op-ed for the National Interest that admitting Sweden and Finland into NATO would make America less safe. He wrote “when
Germany’s economy ministry said on Monday they may extend the life of three remaining nuclear power plants as public support grows in the face of
Prince Harry gave a speech trashing the Supreme Court’s reversal of Roe v. Wade during a U.N. summit on International Nelson Mandela Day. Conservative columnist
Farmers in the Netherlands are protesting their government’s climate change plan by blocking highways and supermarkets with farm equipment and even spraying manure over government
British Prime Minister Boris Johnson announced his resignation on Thursday after some 50 senior lawmakers quit due to scandals surrounding his leadership ethics. Johnson said
Nearly 5 million barrels of the Strategic Petroleum Reserve (SPR) — U.S. emergency oil reserves aimed at lowering domestic fuel prices — were exported to
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