SVB Financial Group accuses the FDIC of cutting off its cash

March 21 (Reuters) – SVB Financial Group (SIVB.O) said on Tuesday that the U.S. Federal Deposit Insurance Corporation had taken “inappropriate steps” to cut it off from cash held by its former subsidiary Silicon Valley Bank, which has been seized by regulators to stem a run on national banks. SVB Financial took the charges to … Read more

Ex-US Marine may have been ‘lured’ from China by security agencies before his arrest, lawyer says

SYDNEY, March 20 (Reuters) – A former U.S. Marine Corps pilot may have been “lured” from China to Australia by security agencies before his arrest, his lawyer said in court on Monday after a extradition hearing in Sydney. Daniel Duggan, 54, faces extradition to the US for breaking US law by training Chinese military pilots … Read more

Hundreds of elite Israeli reservists say they are joining court protests

JERUSALEM, March 19 (Reuters) – A group of Israelis describing themselves as reservists in elite army and intelligence units said they would not report for certain duties from Sunday, stepping up protests against the judicial overhaul planned by the far-right government. Members of Prime Minister Benjamin Netanyahu’s coalition, which holds a majority in the Knesset, … Read more

Former Pakistani Prime Minister Imran Khan marks his presence in court as his supporters clash with police

ISLAMABAD, March 18 (Reuters) – Former Pakistani Prime Minister Imran Khan officially marked his attendance at court in the country’s capital on Saturday, his aide said, complying with court orders after a confrontation with police led to a intense clashes with his supporters. Local media outlet Geo TV reported that the Islamabad Magistrate’s Court had … Read more

ICC judges issue arrest warrant for Putin for war crimes in Ukraine

AMSTERDAM, March 17 (Reuters) – The International Criminal Court (ICC) on Friday issued an arrest warrant for Russian President Vladimir Putin, accusing him of being responsible for the war crime of unlawfully deporting children from Ukraine . Moscow has repeatedly denied accusations that its forces committed atrocities during its year-long invasion of its neighbor. ICC … Read more

US banking system sound but not all deposits guaranteed, says Yellen

WASHINGTON, March 16 (Reuters) – The U.S. banking system remains strong and Americans can be sure their deposits are safe, Treasury Secretary Janet Yellen said on Thursday, but she denied emergency measures after two major bank failures meant that a comprehensive government guarantee now existed for all deposits. In his first public remarks since the … Read more

Brazil court of auditors orders Bolsonaro to return Saudi jewelry gift

BRASILIA, March 15 (Reuters) – Brazil’s Federal Court of Auditors (TCU) ruled on Wednesday that former President Jair Bolsonaro must deliver within five days a second finery he had received from the Saudi government. The decision comes days after Brazilian police launched an investigation into an attempt to smuggle into the country jewelry worth $3.2 … Read more

Iran pardons 22,000 people who participated in protests

DUBAI, March 13 (Reuters) – Iranian judicial authorities have pardoned 22,000 people who took part in anti-government protests, justice chief Gholamhossein Mohseni Ejei said on Monday, according to the official IRNA news agency. State media reported early last month that Supreme Leader Ali Khamenei had pardoned “tens of thousands” of prisoners, including some arrested during … Read more

Russia’s mercenary leader spells out his ambitions for an ‘army with an ideology’

MOSCOW, March 12 (Reuters) – Russian Mercenary Force chief Wagner said in an interview published at the weekend that he had ambitions to turn his private military company into an “army with an ideology” that would fight for justice in Russia. Wagnerian leader Yevgeny Prigozhin’s fighters – some of them convicted – have carried out … Read more

Indian government opposes recognition of same-sex marriage

NEW DELHI, March 12 (Reuters) – India’s government opposes recognizing same-sex marriages, it said in a Supreme Court filing on Sunday, urging the court to reject challenges to the current legal framework brought by LGBT couples. The Justice Department believes that while there may be various forms of relationships in society, the legal recognition of … Read more