This series has been written by Hima Sutha The FDIC and HSBC takeover and what it means Since FDIC now took control over SVB, SVB’s…
Read More Part 4: What is happening with SVB?
Month: March 2023
What is Bankruptcy? What are secured and unsecured loans?
Very simply put bankruptcy is when you cannot pay back your debts in any way. It can happen to companies and individuals. When bankruptcy is…
Read More What is Bankruptcy? What are secured and unsecured loans?
What happened with SVB?
This is Part 3 of our series on understanding the recent updates in the global banking industry. Part 1: https://kidsnews.top/and-that-is-how-the-cookie-crumbles-understanding-the-global-banking-events-starting-with-one-phone-call/ Part 2: https://kidsnews.top/part-2-the-global-banking-system/ What happened…
Read More What happened with SVB?
Part 2: The Global Banking System
This is part 2 of a series that started here. This is a report by Hima Sutha How Bond yields affect banks and why banks…
Read More Part 2: The Global Banking System
Book Review: The War That Saved My Life
Review by Samaira Dewan Genre: Historical Fiction Ada has a deformed foot and can’t walk properly, because of that her ‘Mother’ hid her from the…
Read More Book Review: The War That Saved My Life
Ridley The Riddle Title
Take me for a spinand I’ll make you coolBut use me when it’s coolAnd you’re a fool
Read More Ridley The Riddle Title
ISRO’s Yuvika Program is back!
Every year, ISRO hosts bright young people interested in science in a special summer program called Yuvika – YUva VIgyani KAryakram”. This year, the applications…
Read More ISRO’s Yuvika Program is back!
And that is how the cookie crumbles: Understanding the global banking events, starting with one phone call
Short date-wise summary of events In the middle of the week (8th March or thereabouts), a rating agency called Moody’s called up Silicon Valley Bank…
Read More And that is how the cookie crumbles: Understanding the global banking events, starting with one phone call
What is Run on the Bank?
The best way to understand Run on the Bank is through the example of Signature Bank this week. A run on the bank is a…
Read More What is Run on the Bank?
Microsoft fires the entire Ethics in AI team
Microsoft has just announced an investment of billions of dollars (one billion is 1000 million or 1,000,000,000 dollars). Today, the AI driven Bing (Bing is…
Read More Microsoft fires the entire Ethics in AI team