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Citizen Bank Park food: Here's all the new eats coming to the home of the Fightin' Phils

02.04 - 14:09

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Delaware Valley severe storms dump heavy rain, hail and produce damaging winds

02.04 - 00:51

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Boy Scouts' $2.4 billion bankruptcy reorganization plan upheld by judge

28.03 - 22:59

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First Citizens to acquire troubled Silicon Valley Bank, FDIC says

27.03 - 11:41

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Roxham Road is now closed. Advocates call the move ‘rushed,’ ‘inhumane’

26.03 - 04:53

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Silicon Valley Bank crisis: Feds move in to help

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13.03.2023 - 15:33

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SANTA CLARA, Calif. - The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at the failed institution that they could access all their money quickly, even as another major bank was shut down.The announcement came amid fears that the factors that caused the Santa Clara, California-based bank to fail could spread.

Regulators had worked all weekend to try to find a buyer for the bank, which was the second-largest bank failure in history.

Those efforts appeared to have failed Sunday.In a sign of how fast the financial bleeding was occurring, regulators announced that New York-based Signature Bank had also failed and was being seized on Sunday.

At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.The near-financial crisis that U.S.

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Ajay Banga, US nominee for World Bank President, scheduled to meet PM Modi, FM Sitharaman tests positive for Covid

Ajay Banga's New Delhi visit on 23-24 March is the final stop on his three-week global tour that began in Africa before progressing to Europe, Latin America and Asia. World Bank presidential nominee Ajay Banga has tested positive for COVID-19 during a routine testing in New Delhi. Banga was travelling on the last leg of his world tour, and is currently quarantining in isolation, the Department of Treasury said on Thursday.

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Body of Jeffrey 'JV' Vandergrift, popular San Francisco radio host, found

SAN FRANCISCO - A body found at Pier 39 in San Francisco late Wednesday has been identified by the medical examiner as popular radio host Jeffrey Vandergrift, 55. He was known to his fans at Wild 94.9 as "JV" and was the host of his own radio show, called The JV Show. He built a powerhouse morning show and shared with his audience his personal health struggles dating back to 2021. He was eventually diagnosed with Lyme disease.He had spoken publicly about the effects the disease has had on his body, suffering continued ailments like "brain fog," dizziness, migraines and blurred vision.MORE: Jeffery Vandergrift missing: timeline of search for Wild 94.9's 'JV'He was last seen on Feb.

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Fake Trump arrest photos spread on social media

FILE - The Twitter Inc. logo is seen on a phone screen.

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Parkway to move historic Center City Gulf Station to Fairmount Park

PHILADELPHIA - Quite the sight in Center City Wednesday night as the Parkway Corporation prepares to move an historic Gulf Station to Fairmount Park.The antique gas station has been sitting on the corner of 20th and Arch streets for almost 95 years. Residents came out to say goodbye to a building that some got to know and appreciate. "I've always liked having it in the neighborhood. Such a strange item unless you really kind of tracked it down, you really didn't know what it was," said Jay Meadway, who lives nearby. The old filling station is a historically protected building and since it is on the site where the Parkway Corporation is building a new office for Chubb Insurance, it’s being relocated near the Sedgley Porter House in Fairmount Park.MORE HEADLINES Parkway CEO Rob Zuritsky says it will cost over $1 million to move the piece of history—slowly and carefully—to its new home just two miles away."This is the first time we've ever been involved with anything like this," said Zuritsky.

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Group saved from snowy trail thanks to rescuer's six-wheel drive Pinzgauer

Search and rescue workers personal six-wheel drive Pinzgauer military utility vehicle (Grand County Sheriffs Office) A group of Arizona residents and their dog have a search and rescue worker’s personal six-wheel drive military utility vehicle to thank for rescuing them from a snowy Utah trail.According to the Grand County Sheriff’s Office in Moab, Utah, the group accessed the Thompson Canyon/Polar Mesa trail at about 4,300 feet up while it was raining and snowing. Their vehicles got stuck in the mud as they tried to get up the trail.The sheriff’s office said one of the men called his wife in Arizona and asked her to call for help, but the group still continued up the trail by "winching the lead vehicle forward, with the other vehicles following in its path.""They eventually got stuck in three feet of deep snow … and were unable to move," the sheriff’s office said.READ MORE: Bullfrogs for dinner? Utah wildlife officials want you to catch – and eat – this invasive speciesAs search and rescue crews set up on both ends of the trail to start the rescue mission, one of the rescuers offered to use his personal vehicle – a six-wheel-drive Pinzgauer all-terrain military utility vehicle – instead.He was able to reach the group at 8,500 feet up "after pushing through over a foot of sloppy mud for many miles." Snow levels had dropped to about 6,000 feet.Named Liberty and Guardian, the bald eagles were filmed shielding their only egg from the elements during a snowstorm in California.

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Lori Vallow Daybell case: Judge says no death penalty for Idaho mom

Lori Vallow BOISE, Idaho - A woman charged with conspiracy and murder in connection with the deaths of her two children and her new husband's late wife will no longer face the death penalty, a judge ruled Tuesday.Lori Vallow Daybell is scheduled to stand trial starting April 3.Both she and Chad Daybell — her newest husband — have pleaded not guilty to murder, conspiracy and grand theft charges in connection with the deaths of Vallow Daybell’s children — 7-year-old Joshua "JJ" Vallow, and Tylee Ryan, who was last seen a few days before her 17th birthday. RELATED: Idaho 'cult mom' Lori Vallow denied 'strategy session' with husband Chad Daybell ahead of murder trialThey are also charged in connection with the October 2019 death of Chad Daybell’s late wife, Tammy Daybell.Chad Daybell (left) and Lori Vallow (right) Prosecutors were seeking the death penalty for both defendants, but Vallow Daybell's attorneys said it should be taken off the table in her case because they will not have time to fully review a large amount of evidence that was turned over in recent weeks.During a Tuesday morning hearing, 7th District Judge Steven Boyce agreed.

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Temple's faculty union will move ahead with vote of no-confidence on President Wingard, other administrators

PHILADELPHIA - Temple University’s faculty-union said it will move forward with a vote of no-confidence in President Jason Wingard and two other school officials. The Temple Association of University Professionals (TAUP Local 4531) concluded its authorization to vote on Monday afternoon, according to a press release. The union said 84% of its over 900 members in the bargaining unit supported moving ahead with the vote of no confidence in senior leadership at Temple. 97% of those in support sought a no confidence vote in WIngard, while 86% sought a no confidence vote for Board of Trustees Chair Mitchell Morgan. Nearly 80% of those in support voted no-confidence in Provost Gregory Mandel, according to the union. The union's Executive Committee held an emergency meeting to discuss the results on Tuesday morning. A formal vote of no confidence is slate for the week of Apr.

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Tax revenue should be growth friendly – IMF

COLOMBO (News 1st); The International Monetary Fund said that Sri Lanka must increase tax revenue in a growth friendly manner. Peter Breuer, the Senior IMF Mission Chief for Sri Lanka, told reporters that the current economic crisis has a number of origins including the governments' inability to meet government spending needs through revenue collection and Sri Lanka is among the countries that collect the least amount of fiscal revenue in the world. He said that Tax Reforms are badly needed to correct the imbalance, and only with appropriate tax receipts will the government be able to fund essential expenditures, and avoid further slashing critically important outlets. "These reforms will also help regain the confidence of the creditors, so that in the future they will once again finance the gap between revenue and expenditure," he said.Peter Breuer further said that it is important that those who can afford it may commence contributions to the financing of necessary government expenditures."The tax package the authorities have introduced including the new tax rate schedule for Personal Income tax helps to meet the objectives. The tax rates proposed under the authorities program are also inline with similar countries who are contributing to Sri Lanka's support package, through the IMF," he said."So it is important to remember that there are many countries who have income levels comparable or may be less than Sri Lanka with much higher tax rates.

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Jason Sudeikis slammed for preaching on mental health at White House

Jason Sudeikis is coming under fire for preaching about mental health less than a year after publicly humiliating his ex-fiancée Olivia Wilde by having his lawyers serve her custody papers while on stage in front of industry executives. Sudeikis, 47, along with other Ted Lasso cast members, were meeting with President Joe Biden and first lady Jill Biden to talk about how mental health contributes to overall well-being. The comedian said he wanted to encourage people, even in politically divided Washington DC, to make it a point to check in often with friends, family and co-workers to 'ask how they're doing, and listen, sincerely.

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Top Israeli minister says there’s ‘no such thing’ as Palestinian people

FILE-Bezalel Smotrich, Israels finance minister, greets Israeli Prime Minister Benjamin Netanyahu, left, during a news conference to present a cost of living plan on Jan. 11.

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US welcomes Sri Lanka’s IMF package; Ambassador says structural & lasting reforms are critical

COLOMBO (News 1st); The United States of America has welcomed the approval of Sri Lanka’s IMF package."Great news & an important step on the road toward economic recovery," tweeted US Ambassador to Sri Lanka Julie Chung on Monday (20).She said that the Sri Lankan government will need to continue reforms and conclude debt restructuring agreements to ensure the program – and the economy – stay on track.She noted that structural & lasting reforms that address good governance & transparency are critical to ensure all citizens of Sri Lanka can prosper.IMF Managing Director Kristalina Georgieva also noted that she was very pleased the Executive Board of the IMF had approved about $3 bn of IMF support for Sri Lanka’s economic policies & reforms. She said that it was an important milestone with International Creditors coming together to help to restore debt sustainability. "Crucial to unlock Sri Lanka's growth potential," she added.The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka under EFF program, following Executive Board approval on Monday (20).The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion).Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.

Kristalina Georgieva Julie Chung Usa Sri Lanka county Will president economy Government crisis Progressive Target Assurant

IMF to release US $ 333 Mn immediately to Sri Lanka under bailout package

COLOMBO (News 1st); The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka under EFF program, following Executive Board approval on Monday (20).The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion).Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead up to the crisis, further aggravated by a series of external shocks.The EFF-supported program aims to restore Sri Lanka’s macroeconomic stability and debt sustainability, mitigate the economic impact on the poor and vulnerable, safeguard financial sector stability, and strengthen governance and growth potential. The Executive Board’s decision will enable an immediate disbursement equivalent to SDR 254 million (about US$333 million) and catalyze financial support from other development partners.COLOMBO (News 1st); The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka under EFF program, following Executive Board approval on Monday (20).The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion).Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.The economy is facing significant challenges stemming from pre-existing

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Chinese leader Xi Jinping makes 1st Moscow visit as Putin wages Ukraine war

FILE IMAGE - Chinas President Xi Jinping and Russian President Vladimir Putin pose during a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) leaders summit in Samarkand on Sept. 15, 2022.

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32% of Sri Lankan households are food-insecure – WFP

COLOMBO (News 1st); According to the World Food Prgoramme, in the face of Sri Lanka’s economic crisis, food insecurity remains at concerning levels.32% of households are food-insecure, according to WFP’s latest Household Food Security Survey for February 2023.Markets continued to report concerns around price volatility in January, according to WFP’s Market Functionality Index. However, markets remain functional and currently have a wide range of products, adequate physical availability of essential goods and a resilient supply chain.WFP plans to assist 3.4 million people through general food distribution, school meals and nutrition support.

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Free TSP fertilizer for North & East farmers; Distribution for other areas to commence soon

COLOMBO (News 1st);Sri Lanka's Agriculture Ministry said that 1.2 million local farmers will be given Triple Super Phosphate or TSP Fertilizer free of charge from Monday (20), after three harvesting seasons.The shipment of 36,000 metric tons Triple Super Phosphate (TSP) was funded by the United States Agency for International Development (USAID) and procured by the Food and Agriculture Organization of the United Nations (FAO) for distribution free-of-charge to farmers.Accordingly, 11,537 MT of TSP fertilizer will be issued to farmers in the Northern, and Eastern Provinces.TSP Fertilizer will be issued via all Agrarian Services Centers in the country.The Ministry of Agriculture said that TSP Fertilizer will be issued to other areas to commence harvesting.According to the ministry, 55 kg of fertilizer is recommended for one hectare of paddy cultivation.More than a million Sri Lankan paddy farmers in all 25 districts will get vital assistance through a shipment of over 36,000 metric tons of fertilizer handed over by the United States to the Ministry of Agriculture. This second shipment of USAID-supported fertilizer is delivered on a promise USAID Administrator Samantha Power made last September in response to Sri Lanka’s food security challenges. It brings the total of USAID-supported TSP and urea fertilizer to more than 45,000MT over the last year.U.S.

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Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse

nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank (SVB).A recent Social Science Research Network study suggests that 186 American banks could fail if half of their depositors suddenly withdrew their funds.

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How warm will spring be? NOAA seasonal outlook shows who can pack up those winter coats

winter coats. Spring is almost here.For most of the country, those bulky jackets will become obsolete as temperatures warm in the next three months, especially in the South and East, according to NOAA’s 2022-23 spring outlook released Thursday.Here's a look at the April-May-June temperature outlook.

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Philly social worker, foster mom opens home to help girls in need reach their full potential

PHILADELPHIA - What started as a passion for one Philadelphia woman, has given promise to dozens of girls in need of a loving, supportive home.Naima Powell has worked to change the lives of young people in Philadelphia for 20 years, and Saturday she unveiled her first center - a home for girls ages 10 to 17.The 3-bedroom house on Regent Street in Southwest Philadelphia will soon be home to six children whose families are unable to care for them.Powell, the found and director of Lighthouse Family Youth Agency, is determined to provide young girls with the comfort and security of knowing they are loved and supported. "Youth will come in through the welfare system, and our goal is to teach them and advocate with them to be the best versions of themselves," Powell said.She's been a foster mom for 20 years, providing a loving home for 15 years."My mom raised me since I was two months old after my biological mother wasn't really there for me, and built me into the person I am," said Divine Cannedy, Powell's daughter.As a social worker, Powell says her lifelong goal is to help children reach their full potential."Children between the ages of 10 to 17 need the guidance, need the support, they need people who are accepting of them," she said.

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Emmerdale fears for Cathy Hope as fans 'work out' real health diagnosis

Emmerdale teenager. After a number of meltdowns, Cathy decided to see Manpreet Sharma (Rebecca Sarker), who put the youngster on the pill in a bid to control her heavy periods. However, during Friday's ITV episode, Cathy got drunk and went on a rampage, leading fans to believe there is something more sinister wrong with her.

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Philadelphia church hopes to help save moms' lives amid rising maternal mortality rate across city

PHILADELPHIA - The maternal mortality rate is a growing problem in Philadelphia.On Saturday, organizations came together at Elon Tabernacle Church to in an effort to save local moms with a common theme of community and the sense of a village having each other's backs.Expectant mothers, current mothers and dads were made to feel like they can get through this wonderful journey by offering physical resources, such as bags filled with diapers, wipes and vitamins.Ebony Butler, a mother of a newborn, is grateful for the second annual Black Maternal Health Summit."Giving us the resources we might not have," said Butler. "A day of relaxation getting to meet other mothers, midwives, doalas."The United States has become a leader in maternal mortality rates, but organizers like Latoya Dennis are working to change that."We’re certifying doulas, so if they are interested in becoming a doula we’d love to certify in Philly and every other city we go to," Dennis said.

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New and improved: Huge Phillies logo, scoreboard nearly complete at Citizens Bank Park

PHILADELPHIA - In just a few short weeks, fans will pack Citizens Bank Park in hopes of cheering their Fightin' Phils into another World Series-bound season!Not only will they spot a few new faces, looking at you Trea Turner, it will be nearly impossible to miss some huge, new additions to the home of the Philadelphia Phillies.A massive scoreboard is currently being installed at Citizens Bank Park, and it looks to be almost complete.It's 77 percent larger than the last one, and the team says it can display 516 life-sized Phillie Phanatics at the same time. As if you could ever have too many Phanatics!And that's not all, the ballpark is also getting a brand-new Phillies logo to crown the new scoreboard.

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Volunteer shovel brigade clears snowy path to help migrating Yellowstone bison

Volunteers shovel a new buffalo snow corridor by hand. (Buffalo Field Campaign) WEST YELLOWSTONE, Mont. - Volunteers have created a wildlife corridor by hand shoveling a path through the deep snow at Yellowstone National Park to help bison get off a nearby highway quicker.Nearly five feet of snow fell this winter in West Yellowstone, resulting in giant berms created by snowplows along Highway 191, according to the Buffalo Field Campaign, a nonprofit that works to create permanent year-round protection for bison.YELLOWSTONE UNDERGOES CLOSURES TO PREPARE FOR SPRING TOURISM INFLUXConcern has been growing for as many as 500 bison from Yellowstone’s central herd who are expected to begin migrating to their calving grounds when park officials begin plowing this month.In an effort to protect the species, the Buffalo Field Campaign decided to take action to help Yellowstone's declining wild bison population which is expected to be reduced by at least 30% this winter.

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Bank failures, bailouts divide Congress on next steps

WASHINGTON (AP) - Bills were filed, hearings were planned and blame was cast as Congress reacted this past week to the abrupt failure of two banks. A look at what lawmakers are saying and planning as the fallout continues from the collapse of Silicon Valley Bank and Signature Bank.While President Joe Biden called Monday on Congress to strengthen the rules for banks to prevent future failures, lawmakers are divided on whether any legislation is needed.Some congressional leaders are skeptical that a closely divided Congress will act at all."There’s people who are going to choose bills, but I cannot imagine that, with the hold banks have on Republican members of Congress, that we can pass anything significant," said Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee.Republicans say the laws already in place were sufficient to prevent the bank failures, if only regulators had done their job by spotting obvious problems and directing the banks to take steps that would reduce their risk."If there are ideas out there that people have, you know, at some point, we would be willing to entertain those, but I think it would be premature to start talking about solutions before we fully define the problem and ultimately get answers from the regulators about why they were asleep at the job," said Sen.

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Temple police adds batch of new officers to help contain violence on North Philly campus

PHILADELPHIA - Hours after a batch of recruits graduated the police academy to join Temple's police force, two incidents happened on campus that underscored the safety challenges facing the school. According to Temple police, a person with a gun was spotted by a security officer inside the cafeteria of Morgan Hall and was arrested by responding officers. Around the same time, police responded to a report of two individuals firing pellet guns at people near the intersection of Willington and Berks streets. Authorities have not reported any arrests. Temple University added eight new officers to its force on Friday.

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Mexican president says lack of hugs caused US fentanyl crisis

GettyImages-1266078450 "There is a lot of disintegration of families, there is a lot of individualism, there is a lack of love, of brotherhood, of hugs and embraces," López Obrador said of the U.S. crisis. "That is why they (U.S.

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NO request from any state body to close accounts with People’s Bank

COLOMBO (News 1st); People's Bank on Friday (17) said that it had not received any direct or indirect requests or instructions from any state institution to close their accounts with People's Bank."We wish to strongly emphasize that People's Bank has always been a trusted partner for state organization in providing reliable banking service, including instances where such services were provided at the expense of profitability, in order to serve the country's best interests," said a statement.People's Bank issued this statement in order to clarify the misleading reports regarding State Institutions' Bank Accounts.It said that People's Bank is well-equipped to meet the financial needs of all Public and private Sector customers.On Thursday (16), it was reported that the Ministry of Finance had decided to open the bank accounts of government institutions, which were maintained only in government banks, in private banks.State Finance Minister Shehan Semasinghe stated that due to recent strikes, certain public services could not be provided due to the disruption of the services.He said that this new alternate security measure adopted in order to continue public services during such a situation.

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Temple University, Philadelphia police departments graduating new officers as 'dire' need for help continues

PHILADELPHIA - Temple University and Philadelphia police are set to graduate new police officers as the city continues to deal with violent crime. The officers will graduate on Friday morning at McGonigle Hall. The addition of eight new officers brings the Temple Police force to more than 100, with the addition of 35 security officers in collaboration with the Philadelphia Police Department. This comes just one month after Temple University Police Sgt. Chris Fitzgerald was fatally shot in the line of duty while chasing suspects. Related Sgt.

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FBI: Suspect threatened to detonate explosive device during Philadelphia bank robbery

PHILADELPHIA - Federal authorities are searching for a man who they say threatened to blow up a Philadelphia bank during a robbery.Investigators say the suspect, described as a 5-foot-7 heavyset white man, entered the PNC Bank on the 1001 block of East Erie Avenue around 6 p.m. Wednesday. The suspect, dressed in dark clothes with a face covering and gloves, handed the bank teller a note that authorities say threatened to detonate a concealed explosive device. The teller handed over an undisclosed amount of money and the suspect fled the bank, police said.

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Lorraine Kelly begs for help as she suffers another health woe with Dr Hilary Jones forced to step in

Just weeks after being sent home sick from her own show, it appears Lorraine Kelly's health woes have returned. The presenter was due back at the helm of her self-titled ITV show on Thursday (March 16), however, there was a major problem when she appeared for her usual appearance on Good Morning Britain.

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B.C. man dies from freak snowmobile accident, donated organs help 13 people

Trevor Pierce of Williams Lake, B.C., died following a freak accident while trying to load a snowmobile onto a truck for an upcoming trip.An outdoor enthusiast, the 33-year-old was riding up the ramp when it fell down and then snapped back up, hitting him in the head. Read more: Snowmobiler airlifted to hospital following crash in Algonquin Highlands: OPP Noting that the accident was akin to stepping on a rake, Shanelle said she was told Trevor was mortally injured.

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Sri Lanka’s economy contracted 7.8% in 2022

Sri Lanka's economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.The island's fourth-quarter GDP contracted 12.4%, according to the figures.Sri Lanka's growth is expected to shrink by 3% this year, Moody's Investors Service said on Monday but growth is expected to rebound in 2024.Economic mismanagement coupled with the impact of the COVID-19 pandemic left Sri Lanka severely short of dollars for essential imports at the start of last year tipping the country into the worst financial crisis since Independence from the British in 1948.Sri Lanka is waiting for a $2.9 billion bailout program from the International Monetary Fund (IMF) to be finalised on March 20.“These numbers are broadly in line with expectations.

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Local boy asks school board for help after family claims incessant bullying has gone unaddressed

CHERRY HILL, N.J. - A Camden County boy made an emotional plea for help at a recent school board meeting after he and his family claimed constant bullying and torment on the school bus has gone unaddressed.Ayden, a 12-year-old student at Beck Middle School in Cherry Hill, said the ridicule from students has included questions about his sexuality and gender identity. "I feel upset, angry, sad," Ayden told FOX 29's Dawn Timmeny. He claims one of his tormenters lunged at him when he used his cell phone to record the incessant bullying during a bus ride to school. "I mean, I'm very proud of myself, I think it's very important if any other kids are going through this," Ayden said. "I also hope this ends, like, I don't want to go through this." MORE LOCAL HEADLINESAyden, who is in 6th grade, spoke at a recent school board meeting and detailed the torment that he and his parents claim has since gone unaddressed. His parents say they reported everything to school administrators and filed a ‘Harassment, Intimidation and Bullying’ report.

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Expanding program pairs New Jersey State Troopers with mental health experts

BELLMAWR, N.J. - New Jersey State Police Colonel Patrick J. Callahan says building and maintaining the public's trust means policing isn’t cut and dried.Situations like the recent police killing of Tyre Nichol in Memphis, where shocking body camera footage caused nationwide outrage, sets all departments back."That impacts us everywhere," Callahan said.

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Home prices, sales have plunged in the last year. Is this the bottom?

Canada’s housing market showed signs of life in February following a year of cooling off, but experts are watching the typically busy spring season to determine whether the correction has hit its bottom.

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SVB instability could drive some Canadian mortgage rates lower. Here’s why

The fallout from the collapse of Silicon Valley Bank has spread to the Canadian mortgage market, with some forecasters now expecting the Bank of Canada to cut interest rates sooner than previously thought.

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Silicon Valley Bank items hit eBay days after collapse

Silicon Valley Bank corporate items — from t-shirts to used coffee tumblers — just days after it came crashing down. The collapse of Silicon Valley Bank marked the second-biggest bank failure in U.S. history after Washington Mutual in 2008. It's only been three days since the bank, the 16th largest in the U.S., failed after depositors hurried to withdraw money amid anxiety over the bank’s health.

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Coatesville ambulance service downgrades life-saving services: 'Where are people going to get help?'

COATESVILLE, Pa. - Coatesville City Council says the ambulance company that the town has a five-year contract with is downgrading its services after just months.Washington Hose Company provides ambulance service to Coatesville, but city council says it was blindsided by an email saying they will no longer provide Advanced Life Support Services (ALS). ALS is a specific level of care needed for severe health emergencies, including heart attacks and strokes.

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Silicon Valley Bank’s collapse rattled the U.S. Now, Canada braces for aftershocks

Silicon Valley Bank (SVB) has sent aftershocks through the global financial system and Canada is not immune from the impacts.The Toronto-based branch of the startup-focused financial institution was temporarily seized by Canada’s banking regulator on Sunday night as Finance Minister Chrystia Freeland echoed her American counterparts in calling for calm in the face of market uncertainty and fears of contagion spreading to banks north of the border. Read more: Silicon Valley Bank collapse: How the financial institution fell into ruin Experts who spoke to Global News on Monday said that most Canadians can be confident in the country’s banking system, but fallout from SVB’s collapse could be more substantial in some parts of the economy.Here’s what to know.U.S.

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Saskatchewan researchers get $20M to help study and combat long COVID effects

University of Saskatchewan along with other researchers across Canada have received $20 million of federal money from the Canadian Institutes of Health Research (CIHR) to help study and combat long COVID effects. Read more: After 3 years of COVID-19, here’s how Canada’s ‘endemic’ future may look The Canada-wide consortium of researchers will study the aftereffects of COVID-19 infections for the next five years.

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KPMG gave SVB, Signature Bank clean bill of health weeks before collapse

Risk profile!

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Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapse

Canada’s banking regulator has temporarily seized the assets of Silicon Valley Bank’s lone Canadian branch after the financial institution collapsed.

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US, UK try to prevent fallout from Silicon Valley Bank collapse

NEW YORK - Governments in the U.S. and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of California-based Silicon Valley Bank prompted fears of a broader upheaval.U.S.

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US government says all Silicon Valley Bank clients will have access to funds

the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.The announcement came amid fears that the factors that caused the Santa Clara, California-based bank to fail could spread, and only hours before trading began in Asia. Regulators had worked all weekend to try and come up with a buyer for the bank, which was the second largest bank failure in history.

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“Economic Management in Sri Lanka Lacks Compliance” – Verite Research observes

A research conducted by Verite Research observes that economic management in Sri Lanka lacks compliance both by the bureaucracy and Parliament. Commenting on the new Public Finance Management Act proposed in September 2022, Verite Research suggests that rather than the lack of fiscal rules, the more critical problem for Sri Lanka may be the lack of compliance with fiscal rules in public finance management. The analysis, which was reported in a Verite publication titled Verite Insights, sheds light on how the Parliament of Sri Lanka had consistently revoked rules set out in the Fiscal Management (Responsibility) Act either by blatantly breaching them or by amending the rule whenever it became a constraint.The three rules that have been flouted include the rule on budgeted deficit, the rule on central government debt and the rule on treasury guarantees. The research further states that in order to recover confidence and build the economy, Sri Lanka may need deeper diagnostic and more robust correction mechanisms with regard to the crisis of governance.

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Free tax preparation available for Philly families to help build financial well-being

WEST PHILADELPHIA - A local nonprofit is partnering with Children’s Hospital of Philadelphia to provide free tax preparation services in an effort to help families get more money back into their pockets.Brittany Brown said she learned about the free service during her 5-month-old daughter’s doctor’s appointment."I would rather have a professional have their eyes on it," said Brittany Brown. "I think that it will help us in the long run, especially for working families."Children’s Hospital of Philadelphia and the nonprofit Campaign for Working Families is offering the service with the goal of building financial well-being for individuals and families."We don’t want to leave any dollars on the table," said Dr.

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Utah bank robber steals $1, demands to go to federal prison: report

(Photo by Rainer Binder/ullstein bild via Getty Images) A suspected bank robber in Utah demanded $1 from a bank teller Monday and waited for police officers to arrive because he wanted to be jailed in federal prison.Donald Matthew Santacroce, 65, was instead booked into the Salt Lake County Jail on a robbery charge, the Salt Lake City Police Department said. UTAH SUSPECT CHARGED WITH MURDER OF MISSING 19-YEAR-OLD MAN NEARLY A YEAR AFTER HIS DISAPPEARANCE"Please pardon me for doing this but this is a robbery. Please give me $1.

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'We need more help': Philadelphia groups given nearly $1 million in grants in fight against gun violence

PHILADELPHIA - Gun violence continues to plague the streets of Philadelphia, becoming more frequent and senseless over time. However, the District Attorney's Office is making a shift, trying to bring the focus back to community solutions."I should say, be available to answer some questions about the homicide death of the 14-year-old, which occurred over the weekend," DA Larry Krasner said during a recent weekly gun violence press conference.Instead, the Philadelphia official took the opportunity to address the most common complaint from community groups out on the street doing the work to combat violence."There will be more forfeiture money distributed within a few weeks, and we want to make sure that every nonprofit organization in Philadelphia is aware of this and understands the details of how they can apply," Krasner said.These groups say they need help, but they are too busy trying to save lives to apply for grants or raise money.The DA’s office says they can provide directly to the neighborhoods that need it the most using seized drug forfeiture funds."We try to take the money that came from a particular zip code and put that money back into the zip code because we do not think that drug dealers and other people who engage in criminal activity should be tearing apart that neighborhood," Krasner says.

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Iran, Saudi Arabia to resume diplomatic relations with China's help

China lowers the chance of armed conflict between the Mideast rivals — both directly and in proxy conflicts around the region.The deal, struck in Beijing this week amid its ceremonial National People’s Congress, represents a major diplomatic victory for the Chinese as Gulf Arab states perceive the United States slowly withdrawing from the wider Middle East. It also comes as diplomats have been trying to end a long war in Yemen, a conflict in which both Iran and Saudi Arabia are deeply entrenched.The two countries released a joint communique on the deal with China, which brokered the agreement as President Xi Jinping was awarded a third five-year term as leader earlier Friday.Xi, whose administration in recent days has relaunched a campaign to challenge the U.S.-led Western liberal order with warnings of "conflict and confrontation," was credited in a trilateral statement with facilitating the talks through a "noble initiative" and having personally agreed to sponsor the negotiations that lasted from Monday through Friday.READ MORE: Sister of Kim Jong Un warns North Korea ready to act against US, SouthVideos showed Ali Shamkhani, the secretary of Iran’s Supreme National Security Council, meeting with Saudi national security adviser Musaad bin Mohammed al-Aiban and Wang Yi, China's most senior diplomat.The statement calls for reestablishing ties and reopening embassies to happen "within a maximum period of two months." A meeting by their foreign ministers is also planned.In the video, Wang could be heard offering "wholehearted congratulations" on the two countries' "wisdom.""Both sides have displayed sincerity," he said.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Silicon Valley Bank crisis: Feds move in to help

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