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However, Neves collapsed the night before his inauguration in March, and died on April 21, so the presidency passed to Vice President José Sarney (president, 1985–90), long-time supporter of the military regime. The hope that 1985 would provide a quick transition to a new regime faded as Brazilians watched the turn of events in a state of shock.
The New Republic is an American magazine focused on domestic politics, news, culture, and the arts, with ten magazines a year and a daily online platform.The New York Times described the magazine as partially founded in Teddy Roosevelt's living room and known for its "intellectual rigor and left-leaning political views."
At 19:00 that day, Macron gave a televised speech addressing the government's collapse. [8] In the speech, Macron vowed to stay in office until the end of his term in 2027, to name a new prime minister shortly, and to present an emergency law to ensure taxes could still be collected and a government shutdown avoided in the new year. He also ...
The comments from First Republic’s ex-boss were his first since US regulators seized the San Francisco lender on May 1 and sold the bulk of its operations to JPMorgan Chase (JPM). It was the ...
JP Morgan Chase is taking over First Republic Bank, the nation's 12th-largest bank, after its collapse. The banking giant will assume most of First Republic's assets and all of its deposits.
State collapse is a sudden dissolution of a sovereign state. [1] It is often used to describe extreme situations in which state institutions dissolve rapidly. [2] [1]When a new regime moves in, often led by the military, civil society typically fails to rally around the central government, and societal actors fend for themselves at the local level. [1]
In its initial proclamation on 1 September, [15] the RCC declared the country to be a free and sovereign state called the Libyan Arab Republic, which would proceed "in the path of freedom, unity, and social justice, guaranteeing the right of equality to its citizens, and opening before them the doors of honorable work." The rule of the Turks ...
The changes follow the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank earlier this year after depositor runs sparked, in part, by worries that high interest rates would ...