Collapse of Bank Shares around the World after the Bankruptcy of American SVB and Signature Bank

Bank shares around the world collapsed despite assurances from US President Joe Biden that the US financial system is safe, the BBC reported.

The decline in the stock's value comes after Biden vowed to do whatever it takes to protect the banking sector following the collapse of Silicon Valley Bank and Signature Bank.

EU ‘should cut costs or see businesses flee’

The EU must urgently lower energy prices and ease regulations to stop industry fleeing the continent, European businesses said yesterday, as Brussels prepares plans to stimulate the green economy.

The European Union is racing to make Europe more attractive for the companies that could be tempted by massive U.S. and Chinese subsidies and lower energy costs.

Türkiye wins Three-Cushion World Cup

Türkiye's national billiard team defeated Sweden in the final of the UMB World Three-Cushion Championship for National Teams, achieving this success for the third time in a row.

The national team, which included players Semih Saygıner and Tayfun Taşdemir, faced Sweden in the finals of the event held in the city of Viersen, Germany.

Cyprus’ top foreign realty purchasers

Russian nationals were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data by the Department of Lands and Surveys, the department's Director Elikos Elia said during the opening of the 5th Property Show last Friday in Nicosia. Buyers from the UK, Israel, Greece, Lebanon, and Germany followed, Elia said.

A call to end the war?

"Besides arms deliveries and financial support, we have to propose perspectives to the growing critical issues in the US as well as in Germany," Ischinger wrote in an article for the German Tagespiegel newspaper.
At the same time, according to his words, "we cannot talk about demanding that Ukraine be ready for negotiations right now."