Banks may be forced to boost reserves
British banks may have to hold more funds to guard against the risk of a future economic downturn, the Bank of England has proposed. BBC News – Business
British banks may have to hold more funds to guard against the risk of a future economic downturn, the Bank of England has proposed. BBC News – Business
The use of police cautions – where those who commit minor offences are given a formal warning – is set to be scrapped in England and Wales. BBC News – UK
The EU is to launch a limited operation in the Mediterranean to help Italy stem the flow of migrants from North Africa. BBC News – Europe
The Uruguayan government announces the start of registration for licensed cannabis growers as part of its plan to legalise the drug. BBC News – Latin America & Caribbean
Iraqi Kurdish Peshmerga fighters cross the Turkish border to help defend the Syrian town of Kobane from Islamic State militants. BBC News – Middle East
Burkina Faso’s President Blaise Compaore resigns following violent protests, with army chief Honore Traore taking over as head of state. BBC News – Africa