The Daily Folgen

With federal regulators planning to take over the collapsed Silicon Valley Bank, a 40-year-old institution based in California, nearly $175 billion in customer deposits will be placed under the authorities’ control.The lender’s demise is the second-largest bank failure in U.S. history and the largest since the financial crisis in 2008. The debacle raised concerns that other banks could face problems, too.Guest: Emily Flitter, a finance correspondent for The New York Times.Background reading: A run on deposits brought Silicon Valley Bank’s failure.Here’s what to know about the fallout from the lender’s collapse.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The principle behind E.S.G. is that investors should look beyond just whether a company can make a profit and take into account other factors, such as its environmental impact and action on social issues.But critics of that investment strategy, mostly Republicans, say that Wall Street has taken a sharp left turn, attacking what they term “woke capitalism.”Guest: David Gelles, a climate correspondent for The New York Times.Background reading: How did environmentally conscious investing became a target of conservatives?Republicans are likely to keep making E.S.G. a political punching bag.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After Russia’s full-scale invasion of Ukraine in February last year, Chancellor Olaf Scholz of Germany told Parliament that the attack was a Zeitenwende — a historic “turning point” for Europe and Germany. The risk of a large land war in Europe had previously been considered far-fetched, but recent years of Russian aggression have inspired fear in Germany and a 100-billion-euro fund to bolster its military.In Germany, skepticism of the merits of military strength has enabled a long post-Cold War process of disarmament. As a result, it is a historic anomaly in the heart of Europe — an economic leviathan but a military minnow. Now German leaders are vowing to transform the country into a military power capable of taking responsibility for Europe’s security.In Nienburg, a medieval town in Lower Saxony, civilians come to train for “homeland protection” units in the country’s reserves. The question is whether a hesitant German society can follow through on this paradigm shift.“I would say, many of them lean in the direction of being pacifists,” said Anne Katrin Meister, who is training at the base in Nienburg. “But you can only be a pacifist if you have this safe, ideal world. And we don’t have such a world.”This story was recorded by Audm. To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.