China’s banking system is reportedly facing a crisis, with reports indicating potential risks and challenges ahead. The system’s vulnerabilities include high levels of bad loans, shadow banking activities, and increasing pressure from the economic slowdown. Experts warn that reforms are necessary to address these issues and prevent a financial meltdown in the future.
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UN General Assembly overwhelmingly demands immediate Gaza ceasefire
Israel accuses UNRWA staff of involvement in a Hamas attack, leading to a war in Gaza. UN has fired nine staff members and confirmed Hamas commander had an UNRWA job. Amid destruction in Gaza, with millions facing hunger and death, calls for ceasefire and humanitarian aid intensify. Full Article
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