Economic bubbles

Analysts predict that gold prices will hit new highs in the second half of the year

Finance minister Jeremy Hunt is today due to announce new measures to support Britain's powerful financial sector, seeking to make the U.K. the "most innovative and competitive" financial centre in the world.

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong.

Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan.

Developments over the past week have felt eerily familiar for those of us who followed the global financial crisis in 2008. Analysts argued in early 2008 that Bear Stearns' problems were a result of poor management and a failure to hedge risk. The spread of instability to a European bank (Commerzbank) was considered to be limited. Sound familiar?

He said prices are constantly fluctuating with an upward trend

Turkey's short-term external debt stock amounted to $124.4 billion as of end-September, the Central Bank revealed on Nov. 17.

The foreign debt that must be paid over the next 12 months posted a rise of 8.8% compared to the end of 2020, the bank said in a statement.

Turkey's short-term external debt stock amounted to $140.8 billion in March, according to the country's central bank on May 18. 

At end-March, debt that must be paid in the next 12 months was up 1.7% compared to the end of last year, data showed.

The Governor of the Bulgarian National Bank (BNB) Dimitar Radev warned of a possible deterioration of the economic crisis. The warning made on the eve of Banker's Day - December 6is published in the traditional bulletin released by the Association of Commercial Banks.

The Turkish banking sector was prepared when the economic crisis driven by the novel coronavirus struck, according to global audit and consultancy firm KPMG on May 6.

KPMG in Turkey analyzed the sectoral impact of the pandemic that shook the world.

The crisis that our world is passing through has challenged our institutions and our way of life in ways not seen for decades. Vibrant and welcoming cities have fallen silent; normally friendly and sociable people avoid each other.