A coalition of central banks, including Canada, the US, the EU, England, Japan, and Switzerland, are trying to keep dollars circulating through an achy-breaky banking system.
UBS reached an eleventh-hour deal to acquire rival Swiss bank Credit Suisse yesterday, the latest effort to stabilize a global banking system that looks increasingly shaky (and is giving off way too many 2007-08 vibes for our liking).
That’s it: Banks have been sent to the time-out corner. And now, Canada’s top banking regulator wants to be kept in the loop as another crisis hits the US banking system.
Headlines announcing layoffs continue to crowd our feeds, and yet there are very few signs of cracks in the overall Canadian and US labour markets… so, what gives?
Online purchase scams were the leading type of scams in Canada last year, per the Better Business Bureau, but a more dangerous contender is now coming for the crown.
Global birth rates are on the decline, but one Japanese town has cracked the baby-making code. And no, it isn’t dim lighting, a bed covered in rose petals, and a little Barry White.