Banking Crisis: First Republic Collapses
First Republic Bank, headquartered in San Francisco, California, collapsed on Monday in the latest blow to the banking sector in the US. The Federal Deposit Insurance Corporation (FDIC) confirmed in a statement that the bank, which operates 84 offices in...
Silicon Valley Bank Shut Down By US Regulators As Domino Effect Looms
Silicon Valey Bank, a tech startup-focused lender, was shut down by US regulators, in what is described as the largest failure since 2008.
Dramatic Footage of Building Collapse Hours after Earthquake in Turkey
Video footage emerged from Turkey of a building collapsing hours after the massive earthquake struck in the southeast of the country. The building was in the city of Urfa, officially known as Sanlıurfa, near the epicenter of the magnitude 7.8...
Cretan TV Station Captures Historic Chania Bridge Collapse Live
Cameras from Crete's NEA television station recorded live the collapse of the historic bridge of Keritis in the island's Chania region on Monday afternoon. The island of Crete received huge amounts of rainfall in the past several days as part of...
Old House Collapses in Athens' Neighborhood of Kerameikos
An old house collapsed on Sunday morning in Athens' central neighborhood of Kerameikos. The house, that was old and abandoned, collapsed in the early hours on Sunday, causing a very loud noise that scared many people of the neighborhood. Residents of...
Building Collapses, Kills Man in Patras Port
Greek authorities say a man has died after the roof of a derelict harbor building, used as a makeshift shelter collapsed near the port of the western city of Patras. The man has still not been identified. Rescuers are searching...
Historic Church in Crete On the Verge of Collapse
The historic church of Virgin Mary Keras in Heraklion, Crete, is facing high risk of collapse after a severe landslide in the region and the adverse weather conditions of the past few days. The danger of collapse has caused unrest...
De Bosset Bridge of Kefalonia Island Collapses
The restoration of the De Bosset / Drepano bridge in Argostoli may become a reality, since last night part of it collapsed into the lagoon. The De Bosset Bridge or the De Bosset Causeway is the largest stone bridge on...