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CNN CNN News Central June 4, 2024 15:45:00

Obligations of the united states? we are the most stable, confident forward-looking nation in human history, and to think that they would be saying that we are not going to be paying our debts is insane, and i hope they come to our sense, and one thing that might bring them to their senses ultimately is to look at what happened last time we went down the road with newt gingrich. there is a benefit of age, and one of which is experience. when they tried this tact in the 90s, they went down in flames. that ll happen to them again. so i am hopeful that as the deadline appears, they will recognize the political doom they will experience if they continue down this road, and wiser heads will prevail and i am hoping that is the case. okay. governor, get back to work, and thank you for coming in. sara. american airlines pilots say ....

United States , Human History , Newt Gingrich , Jay Inslee , American Airlines , Wiser Heads ,

BBCNEWS BBC News June 4, 2024 11:12:00

Trapped in this violence has been growing. his job is to try to coordinate the relief effort. we have seen signs of the red cross bringing eight tonnes of medical supplies to port sudan. it is likely of port sudan stays stable will become a major hub for importing humanitarian supplies. and then the question of getting them to where they are needed in khartoum, 500 miles away. they are also needed far to the west in darfur, where there has been a lot of recent violence. it is imperative for the united nations and other agencies to try to ensure aid can get in and we have been hearing about efforts to get supplies in through chad. martin griffiths has a lot on his plate before you get to the question of diplomatic solutions to this crisis. 0n diplomatic solutions, where are we on peace talks and i suppose before that where are we on ....

Port Sudan , Relief Effort , Red Cross , North West , Flying Over Khartoum , Martin Griffiths , Peace Talks ,

BBCNEWS BBC News June 4, 2024 15:47:00

Bank in america. first republic was known for having a big mortgage lending business and a large stable of wealthy clients. as interest rates soared, it was forced to borrow at higher rates and were seen as vulnerable. it is the third mid sized us bank to collapse this year following the failure of silicon valley bank and new york based signature bank. there have been fears this is the start of another financial crisis. if we look back at 2008, it started with one bank, northern rock, but quickly spread to lots of others. the issue was weak rules around mortgage lending and pretty much every bank was exposed. since 2008, the rules around lending have been tightened and banks have to have more money in reserve to ride out difficult periods. so the hope now is this can be contained to a few banks and this is the end of recent turmoil. if this had happened a month ago, i think there would have been substantial concerns about basically contagion, the concept of one bank is going to cause a ....

First Republic Bank , Silicon Valley Bank , Jp Morgan Chase , Interest Rates , Mortgage Lending Business , Signature Bank , New York , The End ,

BBCNEWS BBC News June 4, 2024 12:11:00

Branches and all deposits will be guaranteed by the us government. if you were a first republic depositor, you were a first republic depositor, you can breathe a big sigh of relief today. if you are under 250,000 us guarantee level, you didn t have to worry anyway, but if you had more than $250,000, as of now, you have that deposit with jp than $250,000, as of now, you have that deposit withjp morgan chase, the largest bank. first that deposit with jp morgan chase, the largest bank. that deposit with jp morgan chase, the largest bank. first republic was known for having the largest bank. first republic was known for having a the largest bank. first republic was known for having a big the largest bank. first republic was known for having a big mortgage i known for having a big mortgage lending business and a large stable of wealthy clients. as interest rates soared, it was full to borrow at higher rates and were seen as vulnerable. it is the third mid sized bank to collapse this ....

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BBCNEWS BBC News June 4, 2024 17:09:00

Giantjp morgan chase will take on all 84 branches, and all deposits will be guaranteed by the us government. now we have resolution on the highest profile bank that has been teetering since silicon valley bank went under and signature bank went under. so i think it is time to take, you know, kind of a deep breath with all this. first republic was known for having a big mortgage lending business and a large stable of wealthy clients. as interest rates soared, it was forced to borrow at high rates and was always seen as vulnerable. now there have been fears this the start of another financial crisis. if we look back at 2008, yes, it started with one bank, northern rock, but quickly spread to lots of others. now the issue then was weak rules around mortgage lending, and pretty much every bank was exposed. since 2008, the rules around lending have been tightened and banks have to have more money in reserve to ride out difficult periods. so i think the hope now is this could be contained to ....

Profile Bank , Giantjp Morgan Chase , Signature Bank , Mortgage Lending Business , Silicon Valley Bank , Interest Rates , First Republic , Northern Rock , Mortgage Lending ,