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Tag: Global

Silicon Valley Bank collapse stuns tech firms around the world, global operations dismantled

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube The collapse of Silicon Valley Bank (SVB), which has historically played a key role in giving Chinese tech start-ups access to US money, has turned a bromance into a nightmare for many of its clients and investors, according to industry sources. HSBC has swooped in to buy the collapsed bank’s UK subsidiary for a nominal £1,…

Global economy slows down: BBC News Review

As prices continue to rise, the World Bank predicts the global economy is heading for a recession. Neil and Beth talk about the language used in the headlines around this story. The story: As prices continue to rise, the global economy is getting closer to a recession. That’s according to a prediction by the World Bank. This year, the economy is expected to rise by…

Global imports of LNG hit all-time high – data

The EU’s race to replace Russian pipeline gas lies behind the unprecedented surge, according to Refinitiv Imports of liquified natural gas (LNG) by global consumers in 2022 totaled 409 million tons, compared to 379.6 million tons in the previous year, according to data from Refinitiv, as cited by Reuters. The record volumes were reportedly due to soaring demand, especially from the EU, which emerged as…

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