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Governance

First Republic Secures $30B Rescue From 11 Banks

First Republic Secures $30B Rescue From 11 Banks

First Republic Bank on Thursday received a lifeline from 11 of America's largest banks, who pledged to deposit $30B in order to shore up lenders' concerns at a time of crisis for the US banking industry, including the collapse of Silicon Valley Bank and Signature Bank last week....

Israel: Judicial Bill Passes First Vote in Knesset

Israel: Judicial Bill Passes First Vote in Knesset

Overnight on Monday, Israel's Knesset passed the first reading of a bill that would allow it to override Supreme Court decisions and enact legislation that had been struck down. The bill is reportedly a top priority of PM Benjamin Netanyahu's government....

Turkey’s Opposition Names Kılıçdaroğlu as Presidential Candidate

Turkey’s Opposition Names Kılıçdaroğlu as Presidential Candidate

Turkey's six-party alliance has named Kemal Kılıçdaroğlu, leader of the main opposition Republican People's Party (CHP), as their joint candidate for the upcoming presidential and parliamentary elections on May 14....

Turkey: Erdoğan Indicates Election Will Be Held May 14

Turkey: Erdoğan Indicates Election Will Be Held May 14

Turkish Pres. Recep Tayyip Erdoğan indicated on Wednesday that the country's elections will be held on May 14, just over three months after a deadly earthquake claimed more than 45k lives....

Nigeria Election: Obi Wins Lagos State; Tinubu Leads Overall

Nigeria Election: Obi Wins Lagos State; Tinubu Leads Overall

Nigeria's Labor Party presidential candidate Peter Obi has won a narrow victory in the commercial hub of Lagos state — defeating the ruling All Progressives Congress (APC) party's Bola Tinubu by less than 10K votes, according to electoral commission data released on Monday....