According to a report by the Times of Israel, the country’s two largest banks were able to transfer $1 billion out of Silicon Valley Bank to accounts in Israel before it was seized by the feds.
Donald Trump outlined his plans to improve the American education system, which included expanding the right to education, breaking up the federal Department of Education, and holding underperforming school principals accountable.
The collapse of Silicon Valley Bank (SVB) was the fault of US President Joe Biden’s administration, Donald Trump has claimed, warning it could lead to a new Great Depression in the United States.
New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
A group of at least 1,000 migrants rushed the Paso Del Norte bridge linking Mexico to the U.S. in El Paso, Texas, on Sunday, to gain access into the United States.
Meta, Facebook’s parent company, is looking into a new social media platform that could potentially rival Twitter, as the company remains in turmoil under CEO Elon Musk’s leadership.
