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The collapse of Silicon Valley Bank, the 16th-largest bank in the US, tore through markets on Monday and drove investors to dump bank stocks around the world, the Financial Times reports. It says US President Joe Biden has sought to reassure depositors that “whatever is needed” will be done to protect their funds and calls the episode the “biggest test of the US financial system since 2008”.

Financial Times Front Page 27th of December 2024

The Russian military has been accused of shooting down an Azerbaijani passenger aircraft, sparking controversy and tension as Western nations, including the UK and US, challenge Kremlin denials and highlight the incident’s potential breach of international security.

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Financial Times Front Page 23rd of December 2024

Nick Candy has pledged to help Reform UK disrupt the political landscape by supporting policies aimed at reducing the influence of established parties, with plans to introduce a law on fair donations and the backing of affluent supporters, positioning the party as a formidable force in upcoming elections.

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