This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Banking crisis fears ripple through global markets; Silicon Valley Bank collapse – what happened and what it means; People in UK face biggest drop in spending power for 70 years. 1. Banking […]
banking
Russian President Vladimir Putin.Sasha Mordovets/Getty Images The Kremlin said Russia will not be impacted by the US bank crisis. Kremlin’s spokesperson said Russia is ‘insured’ against the fallout from Silicon Valley Bank’s collapse. Sanctions over the Ukraine war have cut Russia off from the international financial system. It’s been a rocky […]