Gold price could hit high amid SVB, Credit Suisse, bank problems

[ad_1] Investors have been flocking to gold and Treasurys as bank stocks have been whacked by the shuttering of Silicon Valley Bank and Credit Suisse’s implosion. Sven Hoppe | Picture Alliance | Getty Images Gold prices have more room to run as global banks struggle and the U.S. Federal Reserve renders another interest rate decision, potentially breaking all-time highs — and staying there. “A sooner Fed pivot on rate hikes will likely cause another gold…

"Gold price could hit high amid SVB, Credit Suisse, bank problems"

Lebanese lawmaker demands trapped bank savings

[ad_1] BEIRUT (AP) — A Lebanese parliamentarian on Wednesday entered a bank branch near Beirut, demanding some of her trapped savings to cover medical expenses. Cash-strapped Lebanon in recent weeks has witnessed a surge in depositors storming bank branches to forcefully withdraw their locked savings as the country’s economy continues to spiral. On Tuesday, depositors stormed at least four banks, two of which were armed. Lebanon’s cash-strapped banks have imposed informal limits on cash withdrawals…

"Lebanese lawmaker demands trapped bank savings"

Three suspected militants were killed in West Bank by Israeli forces

[ad_1] Israel claims that its security forces have killed three militants from the occupied West Bank city Nablus, who were responsible for recent shooting attacks ByJOSEPH KRAUSS Associated Press February 8, 2022, 8 :19 PM • Read for 3 minutes Share with FacebookShare this TweetSend this article JERUSALEM — Israel claims security forces killed three militants from the occupied West Bank city Nablus, who were responsible for recent shooting attacks. The Shin Bet internal security…

"Three suspected militants were killed in West Bank by Israeli forces"