![[Video]President Biden makes a speech and calls for calm to a series of bank failures | NHK](https://www3.nhk.or.jp/news/html/20230313/K10014007361_2303132227_0313223638_01_03.jpg "[Video]President Biden makes a speech and calls for calm to a series of bank failures | NHK")
In response to the chapter of America’s “Silicon Valley Bank” and “Signature Bank”, President Biden gave a speech from round 10:00 pm on the thirteenth Japan time.
●Video of your entire speech (4 minutes 31 seconds).
●The translation displayed within the video is by AI. Due to the system below growth, some translations could also be incomplete.
(Videos can’t be seen in information broadcasting.)
Following the chapter of America’s “Silicon Valley Bank” and “Signature Bank”, President Biden made a speech at 10:00 pm Japan time, saying, “All the people who had deposits in the bank can rest assured. Your deposit will be protected and you will always have access to your money.”
On high of that, “I’m positive that the banking system and deposits are protected.We will do no matter is critical,” he referred to as for calm.
As President Biden, he desires to stop a state of affairs the place credit score nervousness spreads over monetary establishments and results in a sequence of bankruptcies, and the president himself provides a speech on the morning of the week when the New York stock market and banks open to calm the individuals and firms. It appears that there’s an goal to suppress confusion by calling.
Source