Swiss regulator tells UBS to strengthen its crisis plans
UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold without risking financial stability and taxpayer cash, Swiss…
Tag
Crisis
How a mega dam has caused a mega power crisis for Zambia
Despite having the mighty Zambezi River and the massive hydro-powered Kariba Dam, Zambia is currently grappling with the worst electricity blackouts in living memory. The crisis is so…
German government lifts crisis level for foreign missions
The German government's crisis team has decided to further raise the crisis level for foreign representations in Beirut, Ramallah and Tel Aviv due to the escalation in the Middle East, the…
Volkswagen crisis pits homegrown leaders against each other
Volkswagen managers and workers representatives will start crunch talks in Hanover on Wednesday, following the German group's announcement that drastic cost-cutting measures are needed to…
Can families returning after centuries solve S Korea's population crisis?
At first glance, Dunpo Elementary is no different from the thousands of elementary schools dotted across South Korea. But look just beneath the surface and the differences are stark. For…
Reports: Macron seeks advice from predecessors in government crisis
French President Emmanuel Macron will on Monday consult with his predecessors François Hollande and Nicolas Sarkozy in a bid to break the country's political deadlock, according to media…
Leadership of hard-left German party says it is in existential crisis
Following the departure of a prominent former member and subsequent haemorrhaging of support, Germany's hard-left Die Linke (The Left) party is fighting for survival just over a year…
Brazil, Colombia and Mexico in talks with Venezuelan government and opposition on election crisis
CARACAS, Venezuela (AP) — Following Venezuela’s disputed presidential election nine days ago, officials from Brazil, Colombia and Mexico have been in constant contact with representatives…
India steps up border security after Bangladesh crisis
India has deployed additional troops along its border with Bangladesh after a political crisis in the neighbouring country brought down Prime Minister Sheikh Hasina's government. Ms Hasina…
Satellite images and doctor testimony reveal Tigray hunger crisis
A humanitarian crisis is unfolding in the north of Ethiopia, driven by drought, crop failure and continued insecurity in the aftermath of a brutal war. With local officials warning that…
Kenya president pledges 'broad-based' cabinet amid crisis
Kenya's embattled president has announced a plan to form a new "broad-based government" following weeks of deadly anti-government protests sparked by an unpopular tax bill. However, six of…
Japanese diaper companies turn to adult market amid demographic crisis
[Source] Some diaper companies in Japan are now shifting their focus to the adult market as the demographic crisis continues. Research firm Fuji Keizai predicted that Japan’s adult diaper…