US bank crisis: SVB caretaker urges depositors to come back

 NEW YORK, March 15 (NNN-AGENCIES) — The head of Silicon Valley Bridge Bank, created by US regulators to succeed Silicon Valley Bank after it collapsed, on Tuesday urged fleeing depositors to return with their money, as large banks see an influx of funds. Silicon Valley Bank — a key lender…

Russian jet causes American drone to crash over Black Sea: US European Command

PARIS, March 15 (NNN-AGENCIES) — A Russian fighter jet dumped fuel on an American drone over the Black Sea and then collided with it, causing the drone to crash, the US military said, slamming the manoeuvre as “reckless”. US European Command said two Russian Su-27 fighters intercepted the unmanned MQ-9…

Honduras to establish diplomatic ties with China: president

TEGUCIGALPA, March 15 (NNN-AGENCIES) — Honduras will establish diplomatic relations with mainland China, President Xiomara Castro said Tuesday, without specifying if the Central American country would also sever longstanding ties with Taiwan. Castro wrote on Twitter that she had instructed Foreign Minister Eduardo Reina “to undertake the opening of official…

Last-gasp strikes seek to prevent French pension reform

 PARIS, March 15 (NNN-AGENCIES) — France faces another day of strikes on Wednesday over highly contested pension reforms which President Emmanuel Macron appears on the verge of pushing through despite months of protests. As the legislation enters the final stretch in parliament, trade unions are set to make another attempt…

Cyclone Yaku: Peru Government reacted immediately to rain emergency – PM Otarola

LIMA, March 15 (NNN-ANDINA) — Prime Minister Alberto Otarola affirmed that the Government reacted immediately by making the appropriate decisions in the face of the emergency caused by Cyclone Yaku, which is characterized by heavy rainfall in Peru’s northern area. He informed citizens that Pres Dina Boluarte had announced the provision of a…

Peru’s heavy rain emergencies: 50 deaths, 7,223 victims, and over 45,000 affected people

LIMA, March 15 (NNN-ANDINA) — Since Jan 1, heavy rains in Peru have left 50 dead, 48 injured, 5 missing people, as well as 7,223 victims and more than 45,000 affected citizens in various regions, National Civil Defense Institute (Indeci) Chief Carlos Yañez reported. According to the official, 1,303 houses are destroyed, 1,578…

US: California scrambles to fix levee as another storm looms

LOS ANGELES, March 15 (NNN-AGENCIES) — Emergency workers scrambled Monday to stabilise a California levee after a breach forced thousands from their homes, as another major storm loomed, threatening more flooding. Houses were inundated and vehicles submerged when the Pajaro River burst over a crumbling levee overnight Friday into Saturday,…

Ukraine grain deal talks ongoing after Russian proposal: UN

GENEVA, March 15 (NNN-AGENCIES) — Consultations to prolong a vital Ukrainian grain exports deal are continuing, the UN said, after a Russian proposal for just a 60-day extension cast doubt over its fate. “The United Nations will do everything possible to preserve the integrity of the agreement and ensure its…

US gun violence: Pres Biden to sign gun control measure at site of mass shooting

    WASHINGTON, March 15 (NNN-AGENCIES) — President Joe Biden will address the US gun violence epidemic Tuesday when he signs an order tightening background checks on firearms customers at an event in Monterey Park, California, where 11 people were gunned down in January. The White House said Biden, whose Democratic…

Death toll in Malawi from Cyclone Freddy rises to 200: govt

 BLANTYRE (Malawi), March 15 (NNN-AGENCIES) — At least 200 people have died in Malawi since Cyclone Freddy smashed into southern Africa at the weekend, triggering flooding and mudslides, Malawian authorities said. “The death toll has risen from 99… to 200 with 584 injured and 37 reported missing,” Malawi’s department of…