12-13-2024, 07:02 AM
Hdwa Column: In Brazil, finding opportunity in deepening crisis
WASHINGTON AP 鈥?Cash-short banks have borrowed about $300 billion from the Federal Reserve in the past week, the central bank announced Thursday.Nearly half the money 鈥?$143 billion 鈥?went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank, triggering widespread alarm in financial markets. The Fed did not identify the banks that received the other half of the funding or say how many of them did so.The holding companies for the two failed banks were set up by the Federal Deposit Insurance Corporation, which has taken over both banks. The money they borrowed was used to pay their uninsured depositors, with bonds owned by both banks posted as collateral. The FDIC has guaranteed the repayment of the loans, the Fed said.The figures provide a first glimpse of th stanley cup e scale of the Fed assistance to the financial sector after the two banks collapsed this past weekend.The rest of the money was borrowed by banks seeking to raise cash 鈥?likely, at least in part, to pay off depositors stanley cup who tried to withdraw their money. Many mega banks, such as Bank of America, have reported receiving inflows of funds from smaller banks since聽t stanley cup he bank failures last weekend.WATCH: Treasury Secretary Yellen tells Senate panel that banking system remains soundAn additional $153 billion in borrowing from the Fed over the past week came through a longstanding program called the discount window; it amounted to a record level for that pro Xsfe British Forces Take Parts of Basra
WASHINGTON 鈥?Kennedy Copeland is a Marco Rubio fan who voted for John Kasich in Ohio. Ann Croft is all in for Hillary Clinton but cast her ballot for Rubio in Virginia. Julia Price will back the Democratic nominee in November but voted for Kasich in Tennessee.Are these voters confused No, they ;re voting strategically in the year of Donald Trump in hope stanley cup s of altering the outcome of the p adidas campus residential race by casting ballots for someone other than their favorite candidate.Democrat Croft, for example, figured Clinton didn ;t need her help to win Virginia. So she decided to vote instead against Trump in the Republican primary because some of her GOP friends were worried he would win the state.I was feeling almost sort of dirty about doing it, she recalled. But then Croft talked to a friend who had done exactly the same thing, which made her feel better.In other cases, Democrats are crossing over to do just the opposite: voting for Trump, on the thinking he ;d be the weakest candidate to face the eventual Democratic nominee.The notion of strategic voting 鈥?in a way, playing amateur political scientist 鈥?is now front and center in Ohio and Florida, which award winner-take-all deleg stanley cup ates in the Republican races as part of Tuesday five-state round of voting.Mike Gregg, a Clinton supporter, turned out to vote for Kasich on Tuesday in Berea, Ohio, saying, I figure I ;ll vote for Kasich to keep Trump from taking Ohio.Rubio ca
WASHINGTON AP 鈥?Cash-short banks have borrowed about $300 billion from the Federal Reserve in the past week, the central bank announced Thursday.Nearly half the money 鈥?$143 billion 鈥?went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank, triggering widespread alarm in financial markets. The Fed did not identify the banks that received the other half of the funding or say how many of them did so.The holding companies for the two failed banks were set up by the Federal Deposit Insurance Corporation, which has taken over both banks. The money they borrowed was used to pay their uninsured depositors, with bonds owned by both banks posted as collateral. The FDIC has guaranteed the repayment of the loans, the Fed said.The figures provide a first glimpse of th stanley cup e scale of the Fed assistance to the financial sector after the two banks collapsed this past weekend.The rest of the money was borrowed by banks seeking to raise cash 鈥?likely, at least in part, to pay off depositors stanley cup who tried to withdraw their money. Many mega banks, such as Bank of America, have reported receiving inflows of funds from smaller banks since聽t stanley cup he bank failures last weekend.WATCH: Treasury Secretary Yellen tells Senate panel that banking system remains soundAn additional $153 billion in borrowing from the Fed over the past week came through a longstanding program called the discount window; it amounted to a record level for that pro Xsfe British Forces Take Parts of Basra
WASHINGTON 鈥?Kennedy Copeland is a Marco Rubio fan who voted for John Kasich in Ohio. Ann Croft is all in for Hillary Clinton but cast her ballot for Rubio in Virginia. Julia Price will back the Democratic nominee in November but voted for Kasich in Tennessee.Are these voters confused No, they ;re voting strategically in the year of Donald Trump in hope stanley cup s of altering the outcome of the p adidas campus residential race by casting ballots for someone other than their favorite candidate.Democrat Croft, for example, figured Clinton didn ;t need her help to win Virginia. So she decided to vote instead against Trump in the Republican primary because some of her GOP friends were worried he would win the state.I was feeling almost sort of dirty about doing it, she recalled. But then Croft talked to a friend who had done exactly the same thing, which made her feel better.In other cases, Democrats are crossing over to do just the opposite: voting for Trump, on the thinking he ;d be the weakest candidate to face the eventual Democratic nominee.The notion of strategic voting 鈥?in a way, playing amateur political scientist 鈥?is now front and center in Ohio and Florida, which award winner-take-all deleg stanley cup ates in the Republican races as part of Tuesday five-state round of voting.Mike Gregg, a Clinton supporter, turned out to vote for Kasich on Tuesday in Berea, Ohio, saying, I figure I ;ll vote for Kasich to keep Trump from taking Ohio.Rubio ca