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Global banking system is stable amid crisis, US treasury secretary says – BBC News

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US treasury secretary Janet Yellen offered reassurance that the banking system is stable in a speech to bankers in Washington.

Yellen said the US government is prepared to help more banks if needed, saying their recent actions have demonstrated their “commitment to ensuring the banking system remains safe”.

Fears were initially sparked when Swiss bank Credit Suisse was bought by rival UBS on Sunday.

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#BankingCrisis #CreditSuisse #BBCNews

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20 Comments

20 Comments

  1. @amitnandlaskar4468

    January 10, 2024 at 2:55 pm

    I am raising an Alarm for the common people of America. Don't take further loan. I pray to make you understand. If your country take further loan than you are going to never ever cot out of the debth . If you don't listen to this Alarm. The country will definitely end up in a civil war. This is the law of Karma.

  2. @marvinfok65

    January 10, 2024 at 2:55 pm

    Yellen is sitting on a red hot stove while she said that the banking system is stable! It is the same as Stormy Daniels saying that she is a virgin!

  3. @somboonpolsuk-qr6lq

    January 10, 2024 at 2:55 pm

    ขอขอบคุณครับ

  4. @somboonpolsuk-qr6lq

    January 10, 2024 at 2:55 pm

    สอนนะครับแบบยอดนิยม….

  5. @dany-pv9cs

    January 10, 2024 at 2:55 pm

    אתם נוצרים טובים

  6. @Chris-fm1rk

    January 10, 2024 at 2:55 pm

    Means the opposite then.

  7. @SonyaBeverley

    January 10, 2024 at 2:55 pm

    There is no more federal reserve… the banks are over!! Big changes a foot… get your money in gold asap.

  8. @ivermektin6874

    January 10, 2024 at 2:55 pm

    They said this in 2008

  9. @sethandruby

    January 10, 2024 at 2:55 pm

    Brussels Broadcasting Company (BBC) ?
    1995 population 57.9 million people
    2022 population 67.9 million people
    Liberal & labour open door political system has created ?
    A housing crisis, 6000 properties rented for illegal immigrants?
    BBC promote that white English responsible for all atrocities in world
    NHS meltdown ( new policy colour comes first?)
    NHS managers not doctor’s & nurses, art works not buildings?
    BBC spin every boat full of doctors & nurses ? LOL
    10 million more using gp’s & dentist’s
    Labour and unions trying to bring government down with general strike?
    Crime crisis (rape, thief, grooming gangs not investigated )
    Police only protect MP’s and have arrested 3300 for free speech?
    Grooming gangs ( supposedly it’s a hate crime to criticise ? )
    Power shortage ( when cold this winter thank a green ?)
    Net zero is a joke, price 1 to 3 trillion pounds depending upon how fast the rollout?, 300,000 new engineer’s required ?
    Nhs waiting lists, 10 million reason’s no beds ?
    40 thousand pounds per illegal immigrant average spend ?( estimated cost 2 billion a year ? , that’s a large hospital a year ?)
    High house prices, 10 million reason’s there are no houses ?
    Terror attacks on streets but no police?
    Conservitive party sign us back into EU 2.0 but no referendum ?
    Five million on benefits but somehow we need immigrants?
    Free speech outlawed, even thinking is now a arrest able offence?

  10. @auro1986

    January 10, 2024 at 2:55 pm

    janet says bbc came and now economy lame

  11. @dorothysandraking6458

    January 10, 2024 at 2:55 pm

    Disturbing on many levels, but for me what hit home was tech, a field which I have worked in for about 16 years and have just – happily – left. What really was tragic about tech was its financialization. So many companies more concerned with either an IPO or an inflation of their stock price than they were with creating value and solving problems. It led to all kinds of toxicity on the small scale, and lots of wasted money and talent on the large scale. But now I have come to understand that the reason tech has become like this is that it's a place to park cheap money.

  12. @hadensmith3323

    January 10, 2024 at 2:55 pm

    Hey everyone, I've been keeping an eye on some stocks lately and wanted to hear your thoughts on the Best informed trading analyst. lets get a conversation going and share our perspectives

  13. @schoolofhardknocks4501

    January 10, 2024 at 2:55 pm

    If Yellen or the BBC say that the banking system is fine, then that means you better get ready for a collapse. What any of these pair know about banking can be written on a postage stamp

  14. @JohnSmith-fz1wh

    January 10, 2024 at 2:55 pm

    "Safe and effective" ROFL

  15. @davidgray8321

    January 10, 2024 at 2:55 pm

    Strong and stable. Am'I riiittte?

  16. @gazzz-yz7xc

    January 10, 2024 at 2:55 pm

    if they say it’s stable it’s not all bull in my eyes.

  17. @williamshaw5388

    January 10, 2024 at 2:55 pm

    The WESTERN banking system.

    Why does the corrupt west keep referring to itself as the “world”? It’s not.

  18. @wolfpackzeroin2746

    January 10, 2024 at 2:55 pm

    The only thing it proves is that the United States is falling apart all they're going to do is print money and give it to the bank's inflation will go even higher you jackasses why don't you talk about that. United States has broke doesn't anybody know . Is this going to be another bailout. Who's paying for this

  19. @itshardmakinganamefo

    January 10, 2024 at 2:55 pm

    It's not like Yellen has any incentive to say that everything is fine.

  20. @detectiveofmoneypolitics

    January 10, 2024 at 2:55 pm

    Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank

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Why Meta doubled down after Frances Haugen blew the whistle | Top Comment Podcast

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As The Social Reckoning hits cinemas, the whistleblower who inspired the movie joins Top Comment to discuss what’s changed since she leaked tens of thousands of internal Facebook documents in 2021.

Considered by many to be the primary catalyst for much of the legislation and litigation currently targeting social media giants, Frances Haugen’s revelations have nonetheless been followed by an apparent acceleration by those same companies in pursuit of maximum engagement.

On this episode, Frances talks about tech accountability in the age of AI, the increasingly punitive measures being taken against others who decide to speak out, and what she really thinks of Mark Zuckerberg. Meta has consistently disputed Frances Haugen’s characterisation of its policy, culture and safety procedures.

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“My army dream was ended by childhood eye surgery.” #Army #Recruitment #BBCNews

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#BBCNews

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Why are graduates so angry about student loans? | BBC News

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How can you spend years paying off your student loan and still owe more than you borrowed?

Ten years ago, the first Plan 2 borrowers started repaying their student loans. Since then, graduates who left university with similar debts have found themselves on very different financial paths.

The amount you earn affects how much you repay, how much interest builds up and whether you’ll ever clear your balance. BBC Education Correspondent Hazel Shearing investigates why so many graduates are frustrated with the system and what their student loan really means for their future.

00:00 – Hazel’s story
01:46 – What happened in 2012?
02:22 – What are plan 2 loans?
03:17 – Argument for plan 2 loans
04:08 – What do people think the problem is?
05:20 – The impact of plan 2 loans
06:14 – 10 years since repayments started
06:38 – We went to uni together, here’s what we owe now
09:07 – Rethink Repayment campaign explained
10:36 – The script… the mis-selling scandal explained
11:56 – How your earnings affect your loan
12:10 – Should you try to clear your loan quicker?
13:33 – More information on loans
13:42 – Three things campaign groups want
15:06 – So what’s next?

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Ex-gang boss Duane “Keffe D” Davis sentenced for orchestrating Tupac Shakur’s murder | BBC News

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Former gang boss Duane “Keffe D” Davis has been sentenced to 40 years in prison for orchestrating the murder of rapper Tupac Shakur in a drive-by shooting in 1996.

The key evidence in the case were Davis’ own words, in which he repeatedly and publicly acknowledged being inside the white Cadillac from where the deadly shots were fired.

A jury found him guilty in September of one count of murder with a deadly weapon. Davis has said he will appeal the verdict.

His conviction was the first in a cold case that has intrigued hip-hop fans for nearly 30 years.

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#TupacShakur #KeffeD #BBCNews

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What happens when you don’t know your family medical history? | BBC News

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Do you know your family medical history? For hundreds of thousands of care-experienced people, the answer isn’t always straightforward.

Missing medical and childhood information can affect access to healthcare, from identifying inherited conditions to getting an autism assessment.

In some cases, the consequences can be life-threatening, with people unaware of genetic conditions that could put them at serious risk.

BBC journalist Sophia Watkins travelled across the UK to meet adopted and care-experienced people, hearing how gaps in their records have affected their lives and what they’ve done to find answers.

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#BBCNews #Adoption #CareLeaver

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