BBCNEWS BBC News June 4, 2024 04:10:00
One thing that is really confusing about this crisis is normally when you have a banking crisis, the bank might�*ve made bad loans or made risky investments, but none of that happened here. it was, to a certain extent, an irrational panic that set off a run on the bank, and the panic was the problem. mark douglas, ceo of mountain. a state of emergency�*s been declared in malawi after tropical storm freddy struck the country for a second time, killing more than a hundred people. rescue workers describe being completely overwhelmed by the rainfall and mudslides. the cyclone's one of the long...