World

New York (AP) — Regulators rushed Friday to seize the assets of one of Silicon Valley’s top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. …

NEW YORK (AP) — Former President Donald Trump has been invited to testify before a New York grand jury that has been investigating hush money payments made on his behalf during his 2016 presidential campaign, according to one of his lawyers. Trump attorney Joseph Tacopina confirmed Thursday that the Manhattan district attorney’s office has invited the former president to testify …

BEIJING (AP) — Chinese leader Xi Jinping was awarded a third five-year term as the nation’s president Friday, putting him on track to stay in power for life at a time of severe economic challenges and rising tensions with the U.S. and others. The endorsement of Xi’s appointment by the ceremonial National People’s Congress was a foregone conclusion for a …

KYIV, Ukraine (AP) — Russia launched a massive barrage of missiles and drones that hit residential buildings and critical infrastructure across Ukraine on Thursday, killing six people and leaving hundreds of thousands without heat or electricity. The largest such attack in three weeks also put Europe’s largest nuclear plant at risk by knocking it off the power grid for hours …

At the Our Ocean Conference (OOC) in Panama, the United States highlighted new and recently launched global initiatives totaling more than USD 800 million to protect “our ocean and assist developing countries.” Assistance to developing countries ranges from supporting the creation of marine protected areas and helping partner countries secure and enforce their marine resources, to improving the resilience of …

Antony J. Blinken, the United States Secretary of State, today poured encomiums on Ned Price who will step down this month as the State Department’s Spokesperson to serve in another capacity and directly work with him. In a press statement made available to Alltimepost.com, Blinken commended Price for his performance with extraordinary professionalism and integrity, saying: “On behalf of the …

United States Department of State’s Bureau of Educational and Cultural Affairs (ECA) announced today the launch of its first-ever regional summit for the Academy for Women Entrepreneurs (AWE) in the Indo-Pacific region. It welcomed more than 200 businesswomen from Brunei, Fiji, Malaysia, Papua New Guinea, Philippines, Singapore, Taiwan, Thailand, and Vietnam, according a statement from the office of the Department’s …

The United States is committed to significantly reducing Iranian energy exports and will sanction those facilitating Iran’s petroleum and petrochemical trade, Antony J. Blinken, Secretary of State said on Thursday. In a press release, Blinken stated: Today, the Department of the State is designating six entities that have engaged in the transport or sale of Iranian petroleum products or petrochemical …

United States of America has congratulated the people of Nigeria, President-elect Bola Ahmed Tinubu, and all the nation’s political leaders following the declaration by Nigeria’s Independent National Electoral Commission (INEC) on the results of the February 25 presidential election.   A statement released today by the State Department spokesperson, Ned Price said “This competitive election represents a new period for …

KYIV, Ukraine (AP) — President Joe Biden’s motorcade slipped out of the White House around 3:30 a.m. Sunday. No big, flashy Air Force One for this trip -– the president vanished into the darkness on an Air Force C-32, a modified Boeing 757 normally used for domestic trips to smaller airports. The next time he turned up — 20 hours …