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There are some similarities between the 2023 state of the US economy and the 2008 financial crisis related to inflation and supply chain disruptions, however, the underlying causes of the two situations are different. The concise but scoped analysis of major economies related to the present circumstances in the US banking crisis divulges Fazle Chowdhury's plea for caution.The US government and the Federal Reserve have taken steps to address the economic impact of the COVID-19 pandemic and curbing interest rates to battle inflation. Such measures, however, have placed several US banks in a tough position. On 15th March 2023, The Silicon Valley Bank (SVB) was closed down by US regulators. This was followed by its former parent company SVB Financial Group filing for Chapter 11 bankruptcy (the filing did not include its remaining subsidiaries). A second, New York-based Signature Bank was forced to shut its doors. It was later bought by New York Community Bancorp (Flagstar Bank). A third, Silvergate bank had previously announced on March 8 they would liquidate due to their failures in their cryptocurrency portfolios.Fazle Chowdhury closely followed the events that led to the fall of Lehman Brothers in September 2008. A strong supporter of the Federal Reserve's response to the 2008 financial crisis rooted in his assessment of the viability and stability of the banking system, he describes a grim reality of the present situation that can be remedied if specific controls are set in place.
The 24 February 2022 Russian invasion of Ukraine is part of a long Russian siege and occupation that began since the 2004 November Orange Revolution. These essays are based on Fazle Chowdhury's analysis reflecting his chilling observances.The threat of war had been looming since March 2021 as Russia began deploying troops along the Ukrainian border, including in Belarus, in the breakaway Moldovan region of Transnistria and occupied Crimea. Diplomacy looked to be the only instrument for peace, but met by a "Chamberlain-eques" reaction Europe's heavyweights; France, Germany and Italy, have taken the cautionary peacemaker role between Kremlin and Washington, while Kyiv's sovereignty remains threatened and makes the other Baltic States nervous. The conflict is centered on NATO's eastward expansion, which Russia considers a betrayal of the West after the fall of the Soviet Union. Is it a Kremlin maneuver to weaken the European Union and NATO through Ukraine?Fazle Chowdhury has been following Ukraine's crisis since 2004. A critic of the European Union, NATO, and in his sequence of acerbic explanations have described the roots of Ukraine's present circumstances inflicted from its inception. Why Ukraine Matters is an analysis surrounding the history and geopolitics of Ukraine that explains the present predicament.
Promises of Betrayals demonstrates the revealing history but complex and profound caution in the re-examination of Iran as it has remained shrouded in a murky cloud to those responsible for directing United States policy. Fazle Chowdhury fills the crucial information gaps by exploring key Iranian history events that has directly and indirectly shaped Iran's doctrine while syndicating 500-years of trials that has permanent implications on the clerical regime's present chronicled driven policy strength of regional influence and expansionism in response to drawing on past clashes with ruling Shahs and foreign interference that once tore Iran apart and one which the Shia theocracy are determined to avoid today.
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