Saudi Arabia's State Oil Company Inking Deals to Supply China With More Crude

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The FDIC is sitting on bonds that are not bad assets, but to anyone who needs the money right now, it will cause losses. Saudi Arabia's State Oil Company has been inking deals to supply China with more crude. As part of the deal, the Saudis will supply nearly half a million barrels a day of crude to a Chinese refinery.

Israeli prime minister Benjamin Netanyahu has postponed a bitterly contested judicial overhaul, the first consignment of German Leopard 2 tanks has reached Ukraine, and shares of First Citizens Bank surged nearly 50 per cent on Monday morning following news it would buy much of the failed Silicon Valley Bank.

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