Alice Fullwood, Wall Street correspondent for The Economist, and Shashank Joshi, Defense editor, dive into the collapse of Silicon Valley Bank, discussing regulatory interventions and the risks of governmental involvement. They explore the implications of a new military alliance among America, Australia, and Britain, aimed at countering China's assertiveness. The conversation also touches on the legacy of Alamayu, an Ethiopian prince, and the ongoing debates surrounding cultural restitution and the return of looted artifacts.
An old-fashioned bank run has caused American regulators to intervene in a big way to save the bank’s depositors. We ask what went wrong, and what risks the fix will pose. Today America, Australia and Britain will cement a military alliance designed to confront an increasingly assertive China. And an Ethiopian prince buried among English kings reignites questions about cultural restitution.