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global financial system

Commercial vessels wait to pass the Bosphorus strait during a misty morning in Istanbul, Turkey, October 31, 2022.
Europe

Hard Numbers: Grain deal extension woes, FRB rescued, loose Libyan uranium, global coke binge

Although the Black Sea grain deal will almost certainly get extended before it expires Saturday, Russia and Turkey are tussling over how long that extension should be.

An illustrative stock chart and Credit Suisse logo displayed on a phone screen.
News

Europe now feels the US financial panic

Days after the collapse of Silicon Valley Bank and Signature Bank sent shockwaves through the US financial system, now Credit Suisse, a major European bank, is in serious trouble.