Today is a fun day! Today is the spring equinox, so it is officially spring, and today is actually the International Day of Happiness! Woohoo! According to the latest World Happiness Report, Finland is the happiest country in the world, for the sixth year in a row, followed by Denmark and Iceland. Israel placed fourth, the Netherlands came fifth, Sweden and Norway in sixth and seventh, Switzerland in eighth, Luxembourg in ninth, and New Zealand rounding out the top ten, with its counterpart Australia placing 12th and the US placing 15th. Anyway, let's get into today's news:
UBS, Switzerland's largest bank, has agreed to buy its rival, Credit Suisse, for over 3 billion Swiss francs ($3.25 billion USD) to help stop financial panic after Silicon Valley Bank and Signature Bank were shut down in the US recently. Read the breakdown here.
Also, we have some more bad news for California. (Yes, it just keeps on coming.) A 12th atmospheric river event is moving in, expected to hit Southern California later this week. The storm will bring high winds, heavy rain, snow (in the mountains), and a high flood risk as well, as many areas in the far West are still overly saturated after the huge storms that have been battering the region all winter. But, look on the bright side: all of these storms have helped with the huge drought!
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