TheJakartaPost
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Startup-focused lender SVB Financial Group became the largest bank failure since the financial crisis on Friday, in a sudden collapse that roiled global markets and stranded billions of dollars belonging to companies and investors.
In the long term, China's interest in the Gulf of Thailand will increase, and unilateral and assertive actions by China will increase not only in the Paracel Islands, Spratly Islands, and Natuna Islands, but also in the Gulf of Thailand.
The euro clawed its way back slightly after hitting parity with the dollar for the first time in two decades, though it remains under pressure from growing concerns about an energy crisis across the eurozone and the European Central Bank's slower pace of monetary tightening.
Both main crude contracts were pummelled Tuesday as investors grow increasingly worried that leading economies will contract this year or next owing to sharp central bank interest rate hikes aimed at fighting decades-high inflation.
