Monday, March 13, 2023
Sunday, March 12, 2023
Plane..
He was the most experienced. In his pocket, he carried a silver dollar that concealed a needle dipped in poison. If captured and subjected to torture, he could take his own life.
The U.S. government issued a cover statement indicating that a weather plane had veered off course and supposedly crashed somewhere in the Soviet Union.
With no small degree of pleasure, Khrushchev pulled off one of the most dramatic moments of the Cold War by producing not only the mostly-intact wreckage of the U-2, but also the captured pilot-very much alive.
A chagrined President Eisenhower had to publicly admit that it was indeed a U.S. spy plane.
Weather Plane or Weather Balloons. Just a thought.
Aramco..
Global oil giant Saudi Aramco announced Sunday it earned a record-high profit of $161.1 billion during 2022, attributing its massive jump in earrings to higher crude oil prices.
Saudi Aramco CEO and President Amin H.
Released..
The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:
Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.
After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors.
We are also announcing a similar systemic risk exception for Signature Bank...
Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.
The West wanted Russia's economy to collapse not our banking System.
The more..
One recent study of nearly 80,000 people in the UK found that the risk of dementia was halved in people who reached the goal of 10,000 steps a day.