Fading Resource News Today : Breaking News, Live Updates & Top Stories | Vimarsana

let's start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we'll get an expert view on this in a moment but first here's my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under...

that's the first increase after five consecutive months of declines. consumer prices edged up from 6.9% in march, which could further encourage the european central bank to raise interest rates on thursday. joining me now is christian schulz, deputy chief european economist at citi bank. lovely to see you. so, the number is on the up, no great surprise considering what we have seen elsewhere, but the big question is how the central bank response. the ecb has made some progress, i guess, the base rate was in double digits at the end of last year, we are now down to 7%. no further prog...

to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. earlier, i spoke to oreana financial�*s chief global investment officer, isaac poole, who told me the turmoil will not end with the collapse of first republic. i think there is a real risk of th...

To renewable sources. australia also wants to reassure its partners that it's a dependable supplier of liquefied natural gas. the practical reality is that we actually need to be investing in more gas supply. we're a large exporter, alongside qatar and the us, we're one of the world's largest exporters of lng. and our lng is really supporting emissions reductions and energy security in our partnering countries. so that includes japan, korea, china and others. but in march, the un secretary general called on wealthy countries such as australia to urgently stop approving new fossil fuel projects...

Investing in more gas supply. we're a large exporter alongside qatar and the us with one of the world's largest exporters of lng. and our lng is really supporting emissions reductions and energy security in our partner countries. so that includes japan, korea, china and others. but in march, the u.n. secretary general called on wealthy countries such as australia to urgently stop approving new fossil fuel projects. critics accuse canberra of failing to heed warnings from the intergovernmental panel on climate change and believe that gas is a fading resource. since 2014 and the electricity syst...