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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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Ski Lift Collapse In Spain Injures At Least 30 People - Spain

At least 30 people are reported to have been injured, 17 of whom needed medical attention, after a ski lift collapsed in northern Spain. The Astún resort in the Spanish Pyrenees, where the incident happened, was closed as rescue services attended the scene. Spain's Prime Minister Pedro Sánchez said he was "shocked" by the news of the incident.wo sanitary helicopters of the Government of Aragon and a sanitary aircraft and another rescue helicopter of the Foral Community of Navarre have been sent to the area. In addition, firefighters and a dozen ambulances 061, five SVB also arrived from Navarra and a group of psychologists have come, on January 18, 2025, in Jaca, Huesca, Aragon, Spain. Photo by Veronica Lacasa/Europa Press/ABACAPRESS.COM

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14-Story Building On Fire - Valencia

Flames devour a building in the Campanar neighborhood, February 22, 2024, in Valencia, Valencian Community, Spain. A large fire has devastated a 14-storey building in the Campanar district of Valencia. The fire, which originated on the fourth floor of the building, has generated a large column of flames and a dense smoke that has affected several floors of the building. The 112 has mobilized ten firefighters, two SAMU and a SVB to the scene of the fire.Photo by Eduardo Manzana/Europa Press/ABACAPRESS.COM

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14-Story Building On Fire - Valencia

Flames devour a building in the Campanar neighborhood, February 22, 2024, in Valencia, Valencian Community, Spain. A large fire has devastated a 14-storey building in the Campanar district of Valencia. The fire, which originated on the fourth floor of the building, has generated a large column of flames and a dense smoke that has affected several floors of the building. The 112 has mobilized ten firefighters, two SAMU and a SVB to the scene of the fire.Photo by Eduardo Manzana/Europa Press/ABACAPRESS.COM

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14-Story Building On Fire - Valencia

Flames devour a building in the Campanar neighborhood, February 22, 2024, in Valencia, Valencian Community, Spain. A large fire has devastated a 14-storey building in the Campanar district of Valencia. The fire, which originated on the fourth floor of the building, has generated a large column of flames and a dense smoke that has affected several floors of the building. The 112 has mobilized ten firefighters, two SAMU and a SVB to the scene of the fire.Photo by Eduardo Manzana/Europa Press/ABACAPRESS.COM

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14-Story Building On Fire - Valencia

A person on a balcony of the burning building, in the Campanar neighborhood, on February 22, 2024, in Valencia, Valencian Community, Spain. A large fire has swept through a 14-story building in the Campanar neighborhood of Valencia. The fire, which originated on the fourth floor of the building, has generated a large column of flames and a dense smoke that has affected several floors of the building. The 112 has mobilized ten firefighters, two SAMU and a SVB to the scene of the fire.Photo by Eduardo Manzana/Europa Press/ABACAPRESS.COM

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14-Story Building On Fire - Valencia

Two people on a balcony of the burning building in the Campanar neighborhood, February 22, 2024, in Valencia, Valencian Community, Spain. A large fire has swept through a 14-story building in the Campanar neighborhood of Valencia. The fire, which originated on the fourth floor of the building, has generated a large column of flames and a dense smoke that has affected several floors of the building. The 112 has mobilized ten firefighters, two SAMU and a SVB to the scene of the fire.Photo by Eduardo Manzana/Europa Press/ABACAPRESS.COM

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14-Story Building On Fire - Valencia

Firefighters try to extinguish the flames of a building in the Campanar neighborhood, February 22, 2024, in Valencia, Valencian Community, Spain. A large fire has swept through a 14-story building in the Campanar neighborhood of Valencia. The fire, which originated on the fourth floor of the building, has generated a large column of flames and a dense smoke that has affected several floors of the building. The 112 has mobilized ten firefighters, two SAMU and a SVB to the scene of the fire.Photo by Eduardo Manzana/Europa Press/ABACAPRESS.COM

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XINHUA-PICTURES OF THE YEAR 2023-WORLD NEWS

(240105) -- BEIJING, Jan. 5, 2024 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The SVB was closed on March 10 by regulators. (Photo by Li Jianguo/Xinhua)

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Xinhua Headlines: Xinhua's top 10 world news events in 2023

(231230) -- BEIJING, Dec. 30, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The SVB was closed on March 10 by regulators. Top 10 world news events in 2023 4. "De-risking" exacerbates global economic predicament In March, some Western politicians came up with the concept of "de-risking," extending the underlying logic of "decoupling" and the "small yard, high fence" doctrine. This goes against economic laws and historical development trends, essentially rejecting opportunities, cooperation, stability and development. Currently, the world economy faces multiple challenges which thwart the recovery process. The Federal Reserve's continued aggressive interest rate hikes have sharply increased risks in American and European banking sectors, leading to deteriorating global liquidity and rising default risks in emerging economies. The United States has been persistently advancing protectionist indust

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Women's Tour De France Stage 8

WILLIAMS Georgia of EF Education-TIBCO-SVB during the Tour de France Femmes avec Zwift, Stage 8, time trial, Pau - Pau (22,6 Km) on July 30, 2023 in France. Photo by Laurent Lairys/ABACAPRESS.COM

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Women's Tour De France Stage 8

WILLIAMS Georgia of EF Education-TIBCO-SVB during the Tour de France Femmes avec Zwift, Stage 8, time trial, Pau - Pau (22,6 Km) on July 30, 2023 in France. Photo by Laurent Lairys/ABACAPRESS.COM

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Xinhua Headlines: Falling of regional banks, detrimental to U.S. and global economy

(230511) -- BEIJING, May 11, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)

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Xinhua Headlines: How U.S. dollar's hegemony creates global chaos

(230404) -- BEIJING, April 4, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)

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Silicon Valley Bank collapse shakes confidence in U.S. banking, says expert

STORY: Silicon Valley Bank collapse shakes confidence in U.S. banking, says expert DATELINE: March 21, 2023 LENGTH: 00:04:16 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (English): CHARLES READ, Scholar in economics and history at the University of Cambridge STORYLINE: The collapse of Silicon Valley Bank (SVB), once the 16th largest bank in the United States, has "shaken confidence in U.S. banking" as concerns have mounted over bank deposits, an expert has said. The tech-heavy SVB's demise has "made people far more likely to worry about their bank deposits, and any rumors will be acted upon ... faster. I think that's a big risk," Charles Read, a scholar in economics and history at the University of Cambridge told Xinhua on Tuesday. Read said that since the 2008 global financial crisis, people were no longer as trusting of the banking sector, and bank runs would therefore happen more rapidly. Technology has also made it easier to take money out of banks online, and people will do this

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Concerns grow in Israel's high-tech sector amid SVB crisis

STORY: Concerns grow in Israel's high-tech sector amid SVB crisis DATELINE: March 20, 2023 LENGTH: 00:02:53 LOCATION: Jerusalem CATEGORY: ECONOMY SHOTLIST: 1. various of skyscrapers in the Israeli economic center of Tel Aviv 2. various of high-tech firm staff working at offices 3. SOUNDBITE 1 (English): MIRIAM SCHWARTZ-ZIV, Senior lecturer at the Hebrew University of Jerusalem, senior advisor at the Bank of Israel 4. various of the Silicon Valley Bank (SVB) and the Wall Street 5. SOUNDBITE 2 (English): MIRIAM SCHWARTZ-ZIV, Senior lecturer at the Hebrew University of Jerusalem, senior advisor at the Bank of Israel 6. various of Israel 7. SOUNDBITE 3 (English): MIRIAM SCHWARTZ-ZIV, Senior lecturer at the Hebrew University of Jerusalem, senior advisor at the Bank of Israel STORYLINE: Concerns are growing in Israel's high-tech sector, after the collapse of Silicon Valley Bank (SVB) in the United States dealt an impact on the sector, a pillar of Israel's economic growth. According to an Israel Innovation Autho

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Xinhua Headlines: U.S., Europe in bank turbulence, triggering fears globally

(230319) -- NEW YORK, March 19, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)

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Collapse of SVB may leave "huge gap in the ecosystem": startup CEO

STORY: Collapse of SVB may leave "huge gap in the ecosystem": startup CEO DATELINE: March 18, 2023 LENGTH: 0:02:11 LOCATION: AUSTIN, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. 2. SOUNDBITE 1 (English): ERIC LAW, Founder of Urban Machine in U.S. 3. SOUNDBITE 2 (English): MICHAEL WENNING, Founder and CEO of a startup in Texas 4. SOUNDBITE 3 (English): MICHAEL WENNING, Founder and CEO of a startup in Texas STORYLINE: More than a week after U.S. regulators closed Silicon Valley Bank and sent shockwaves through the financial systems in the U.S. and Europe, two American startupers described their first-hand experiences in this crisis and shared observations on its long-term impacts. SOUNDBITE 1 (English): ERIC LAW, Founder of Urban Machine in U.S. "Oh, when the news came out. No. It's a little stressful when you have access to none of your money and the bank gets locked up. The good news is we got access to it this morning, all of it. So, you know, a rough, stressful four days." SOUNDBITE 2 (Engli

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Growing fallout from U.S. bank failures sparks worries across banking sector

STORY: Growing fallout from U.S. bank failures sparks worries across banking sector DATELINE: March 17, 2023 LENGTH: 00:02:48 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): GIORGIO DI GIORGIO, Professor of macroeconomics and monetary policy at Rome's LUISS University 2. SOUNDBITE 2 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 3. SOUNDBITE 3 (English): XN IRAKI, Kenyan economist STORYLINE: Growing fallout from the collapse of two U.S. banks -- Silicon Valley Bank (SVB) from California and New York's Signature Bank has sent jitters across the banking sector. Many experts have expressed their concerns over the failures of the two U.S. banks. Worries about its impact on European financial institutions began to push share prices downward. Led by banking shares, most European stock exchanges suffered significant losses on Monday and Wednesday, each time followed by only modest rebounds. An Italian expert has said a major factor contributing to the troubles was ris

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Fallout from collapse of U.S. banks causes more trouble in Europe

STORY: Fallout from collapse of U.S. banks causes more trouble in Europe DATELINE: March 16, 2023 LENGTH: 00:00:52 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of the banks in Rome 2. various of U.S. dollar and Euros STORYLINE: Banking giant Credit Suisse lost nearly a fourth of its value Wednesday, amid the growing fallout from the collapse of two regional banks in the United States. New York-based Signature Bank was shut down Sunday by state regulators, two days after California's Silicon Valley Bank (SVB) collapsed as depositors rushed to withdraw funds. Wednesday marked the second time in three trading sessions since the U.S. bank failures, that European financial stocks were severely battered. Nevertheless, the dramatic impact on Credit Suisse in trading Wednesday was largely unexpected, since the institution is so large. According to 2022 data from Insider Intelligence, Credit Suisse was the second-largest bank in Switzerland and the 17th-largest in Europe, with an estimated 730 billion

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U.S. regional bank failures evoke unease in banking sector

STORY: U.S. regional bank failures evoke unease in banking sector DATELINE: March 16, 2023 LENGTH: 00:01:37 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the exterior of New York Stock Exchange Silicon Valley Bank 2. various of the exterior of Credit Suisse 3. various of screenshots of Moody's report 4. various of Silicon Valley Bank 5. various of Signature Bank 6. various of street scenes in U.S. 7. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 8. SOUNDBITE 2 (English): XN IRAKI, Kenyan economist STORYLINE: U.S. and European stocks plunged on Wednesday, as turbulence at Credit Suisse renewed fears of a banking crisis. Banking giant Credit Suisse lost nearly a fourth of its value Wednesday, amid the growing fallout from the collapse of two regional banks in the United States. Rating agency Moody's has slashed its outlook on the entire U.S. banking system to negative in the wake of failures at the Silicon Valley Bank (SVB) and Signature Bank (SNY). Experts hav

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U.S. analyst says Fed's aggressive rate hike hurts SVB

STORY: U.S. analyst says Fed's aggressive rate hike hurts SVB DATELINE: March 16, 2023 LENGTH: 00:01:33 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. 2. SOUNDBITE 1(English): LARRY BENEDICT, CEO & founder of The Opportunistic Trader 3. various of the U.S. 4. SOUNDBITE 2(English): LARRY BENEDICT, CEO & founder of The Opportunistic Trader STORYLINE: A U.S. market analyst has recently said that the Federal Reserve's aggressive rate hike hurts Silicon Valley Bank (SVB), which collapsed last week. Larry Benedict, CEO and founder of The Opportunistic Trader, a U.S. market research firm, said this in an interview with Xinhua on Tuesday. SOUNDBITE 1(English): LARRY BENEDICT, CEO & founder of The Opportunistic Trader "And I feel like they (SVB) felt comfortable that rates were gonna stay low for an extended period of time, which they totally misread. And then obviously by the Fed raising really aggressively up to about 5 percent, that really hurt them, because they had loans out long

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Moody's downgrades outlook on U.S. banking system to negative

STORY: Moody's downgrades outlook on U.S. banking system to negative DATELINE: March 15, 2023 LENGTH: 00:01:01 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of banks in the U.S. STORYLINE: Rating agency Moody's slashed its outlook on the entire U.S. banking system to negative in the wake of recent bank turmoil in the country. Moody's said the move was made to "reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY." Although U.S. authorities have stepped in to shore up deposits at SVB and SNY to restore confidence in the banking system, the rating firm said other institutions with unrealized losses or uninsured depositors still could be at risk. Moody's said it expects pressure on the U.S. banking sector to persist as the Federal Reserve continues to hike interest rates to combat inflation. The firm also projected the U.S. economy to fall into recession

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U.S. irresponsible monetary policy triggers SVB collapse, says expert

STORY: U.S. irresponsible monetary policy triggers SVB collapse, says expert DATELINE: March 15, 2023 LENGTH: 00:01:13 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Silicon Valley Bank 2. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 3. SOUNDBITE 2 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 4. various of street scenes in U.S. 5. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk STORYLINE: A prominent Turkish analyst has blamed the United States' irresponsible monetary policy for causing the collapse of Silicon Valley Bank (SVB) and putting the world financial market at risk. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk "Unfortunately, the efforts of the U.S. financial capitalism to prevent crises, especially in its own environment, cause new troubles." SOUNDBITE 2 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk "The U.S. authorities follow monet