• Reuters

    Exclusive-Vietnam expands massive bank rescue effort on deposit exodus, document shows

    Vietnam's central bank lent another $1.2 billion to ailing Saigon Joint Stock Commercial Bank over the last two months, according to a bank document seen by Reuters, taking the total to $24.5 billion as part of its efforts to rescue depositors. The massive bailout of Saigon Joint Stock Commercial Bank's (SCB) depositors has so far cost the central bank the equivalent of 6% of Vietnam's 2023 gross domestic product in special loans. Reuters reported in April that the central bank had mounted an "unprecedented" rescue of SCB, a lender engulfed in the nation's biggest financial fraud, which a source at that time said would collapse without the funding.

  • The Independent

    John Oliver election episode calling out ‘fawning’ coverage of Modi made unavailable in India

    Show’s latest episode is focused on India’s general elections, the rise of anti-Muslim sentiment, and censorship under Modi‘s two-term tenure

  • The Telegraph

    Native American artists edge ever closer to the million-dollar mark

    At the major international Contemporary Art sales in New York last month, I thought I noticed a new trend. There were more Indigenous American artworks for sale than ever, and they were making record prices – a bright light in an otherwise fairly sombre marketplace.