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Sep 13 2024
News
The Origin Story of the Rafah Crisis
On September 1, 2005, Egypt and Israel concluded an agreement on governing the security of the border area between Egypt and Gaza once IDF troops left as part of the Israeli disengagement from the Gaza Strip. That border area included the Rafah crossing, and that agreement marked the first time Israel had consented to having a third party take responsibility for Palestinian border security. It
Commentary Magazine
Sep 15 2024
News
Health crisis warning issued for Ukraine
KYIV, Ukraine -- The World Health Organization issued a stark warning on Thursday about a potential health crisis in Ukraine as the country faces its third winter of war since Russia's full-scale invasion. The warning came as three Red Cross staff members were killed by artillery strikes in eastern Ukraine on Thursday. The deadly strikes, which left two others wounded, hit a Red Cross truck
Arkansas Democrat-Gazette
Sep 04 2024
News
The Crisis of Performative Kitsch
Roy ridicules a number of other recent incidents that compete with the Lebanese hummus drama for sheer silliness: British Labour MP Dawn Butler, of Jamaican origin, accusing chef Jamie Oliver of cultural appropriation in 2018 for marketing a culinary product as “jerk rice”; Gucci accused of the same for selling a Sikh-style turban at a price of over 700 euros; the singer Adele, who caused
Tablet Mag
Sep 12 2024
News
Standard Chartered creates new banking team in investment bank, memo says
LONDON, Sept 12 (Reuters) - Standard Chartered (STAN.L) has created a new banking team in its corporate and investment banking division, as a reorganisation of the unit aimed at boosting cross-border business continues, according to an internal memo seen by Reuters on Thursday.
Henrik Raber will lead the new team which will combine the lender's M&A advisory and global credit markets
Reuters
Sep 13 2024
News
The Threat of a New Missile Crisis With Russia
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Keir Starmer was born a month before the Cuban Missile Crisis, the standoff in October 1962 that brought the world to the brink of nuclear war between the US and the Soviet Union.
Bloomberg
Aug 19 2024
News
The IMF and the European Debt Crisis
The European debt and banking crisis of 2008–11 posed unprecedented challenges for the International Monetary Fund. The IMF was accustomed to dealing with financial crises in developing countries; it did not expect to see these crises in advanced economies. The requisite emergency loans strained its financial resources. Currency devaluation, its standard remedy for restoring a country’s
Foreign Affairs
May 04 2023
News
The regional banking crisis is expanding
Federal Reserve chair Jay Powell yesterday said that the U.S. banking system is "sound and resilient." The big picture: It was akin to a sports team owner giving the coach a vote of confidence. If you're compelled to say it, things really aren't going well. Driving the news: PacWest reportedly is exploring strategic options, including a possible sale, acknowledging "discussions are ongoing"
Axios
Sep 06 2024
News
The global housing affordability crisis
It's not just the U.S. — real estate is becoming increasingly unaffordable across most wealthy countries, as the Financial Times recently reported. Why it matters: High and rising housing costs mean people have less money to spend on other things, and make it harder for folks to move. At the extreme end, a lack of affordable homes pushes more people into homelessness. State of play: The share
Axios