The Economist

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This is the world in brief from The Economist.

Our top stories. Global stock markets calmed after worries over credit risk sparked a sell-off of American regional bank shares.

The bankruptcies of two car companies, first brands and

tri-color, has shaken investor confidence. In America, the SMP 500 closed 0.5% higher on Friday.

British stocks also recovered some earlier losses, although closed almost 0.9% lower. The price of gold fell

after reaching a record high. John Bolton, Donald Trump's former National Security Advisor,

pleaded not guilty to 18 criminal counts related to transmitting and storing classified information. Each count carries a

potential prison sentence of up to 10 years. The indictment accuses Mr Bolton, who became an outspoken

critic of Mr Trump, of sending, quote, diary notes from his time as NSA in 2018 to 19 to family members.

A Polish court ruled that a Ukrainian man accused of blowing up undersea gas pipelines

should not be extradited to Germany. The Nord Stream pipelines, which linked Russia to Germany, were sabotaged in

2022. Ukraine has denied involvement. Donald Tusk, Poland's Prime Minister and a supporter of Ukraine

celebrated on X. Quote, the case is closed, he wrote.

Prince Andrew renounced his royal titles, including the Duke of York.

He remains a prince.

He stepped down from his duties in 2019 amid scrutiny of his ties to Jeffrey Epstein, a convicted

pedophile.

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