national

Swiss National Bank in its 2023 Financial Stability Report on Credit Suisse: “these observations also raise questions regarding the ability of the Too Big To Fail “TBTF” framework to oblige a systemically important bank to take sufficient corrective action in a timely manner”

by Dismal-Jellyfish https://www.snb.ch/n/mmr/reference/stabrep_2023/source/stabrep_2023.n.pdf These measures need to strengthen banks’ resilience in order to prevent a loss of confidence wherever possible, and ensure a broad range of effective options to stabilise, recover or wind down a systemically important bank in the …

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Inflation Alert! Bank of England (50 basis points), Norway Central Bank (50 basis points), Swiss National Bank (25 basis points) all raise interest rates to combat inflation. Remember, JPow told Congress yesterday rate hikes needed here but the Fed is not acting while other central banks are.

by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of …

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Swiss National Bank, in guessing, provides liquidity “for purpose” for Credit Suisse’s toxic positions…from my vantage/assessment, “infinite liquidity” would be a closer approximation.

by quad-beep-05 via WSJ: The Swiss National Bank has offered UBS UBS -0.93%decrease; red down pointing triangle Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, according to the people familiar with the matter. Details …

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Grassley Announces On Senate Floor The Foreign National Who Bribed Joe And Hunter Biden Has Insurance Policy: 17 Audio Recordings

🚨BREAKING: Senator Chuck Grassley says that the FD-1023 form says the foreign national who bribed Joe and Hunter Biden allegedly has 17 audio recordings of his conversations with them that were kept as an “insurance policy”. pic.twitter.com/0fkKJP6CuI — Benny Johnson …

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The National Anthem, The Bible And The Christian Faith Are All Considered To Be Highly Offensive In Amerika Now

by Michael We live in an upside down society with completely upside down values.  In this sort of an environment, literally anything that you say could get you into serious trouble.  Theoretically, our Constitution is supposed to guarantee the right of free speech for us, but the truth …

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