March 13, 2023: SVB, Biden bank crisis, China, Russia, U.S.-Mexico border, California flooding

Five stories you need to know today:
1. U.S. authorities launch emergency measures to shore up confidence in the banking system after Silicon Valley Bank collapsed.

2. U.S. President Joe Biden pledges to do whatever is needed to address the banking crisis threatened by the collapses of Silicon Valley Bank and Signature Bank.

3. Hundreds of migrants tried to force their way into the U.S. from Mexico.
They were frustrated with issues securing appointments to seek asylum using a new U.S. government app.
 
4. China’s President Xi Jinping could visit Russia as soon as next week, sources say while Moscow and Kyiv both reported intense fighting in the war's bloodiest battle over Bakhmut.

5. Thousands of Californians were evacuated after major flooding was triggered by an ‘atmospheric river’ storm across the state.

#Biden
#SVB
#US
#Economy
#Banks
#SignatureBank
#China
#Russia
#Ukraine
#California
#Flood
#Migrants
#Mexico
#Border
#morningnews
#headlines
#News
#reuters
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