Bank stocks tumbled globally, with the S&P 500 experiencing significant swings as investors weighed the risk of further "bloodletting" in the financial sector.
The biggest story of the day was the escalating banking crisis in the United States . Just days after the collapse of , federal regulators moved to close Signature Bank to prevent a wider systemic failure.
In a move that drew sharp criticism from environmentalists, the Biden administration approved the $7 billion Willow oil drilling project in Alaska. 4. Conflict and Climate: Ukraine and Cyclone Freddy 2023-03-13 18-00-47.mkv
2. Oscar Fever: A Historic Night for "Everything Everywhere"
Cyclone Freddy made its rare second landfall in Mozambique, becoming the longest-lived tropical cyclone on record. Does this match the event you were recording, or Bank stocks tumbled globally, with the S&P 500
Treasury Secretary Janet Yellen spent the day assuring the public that while there would be no "bailout" for investors, all depositors would be protected.
Below is an article summarizing the major headlines from , at approximately 6:00 PM (18:00) UTC, providing context for what was happening in the world when this file was created. Global Snapshot: What Was Happening on March 13, 2023? In a move that drew sharp criticism from
The indie darling Everything Everywhere All at Once dominated the ceremony, taking home seven Oscars, including Best Picture. 3. Geopolitical Shifts: AUKUS and the Willow Project Significant policy decisions were finalized on this Monday: