financial crisis
- Business
Bounced checks are on the rise in Turkiye
The Turkish economy is grappling with a severe liquidity crunch, as evidenced by an unprecedented rise in the number of…
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ECB to tighten monitoring of banks’ liquidity
The European Central Bank (ECB) has announced it wants to monitor the liquidity of banks in the eurozone more frequently…
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Turkiye’s 20-year economic report
Two major financial crises, the coup attempt, the epidemic that locked the world, and finally the disaster of the century……
Read More » - Local Turkiye
2020 global power demand to see biggest fall in 50 yrs
Demand is estimated to rebound modestly in 2021 after historic shock from pandemic in 2020, a new IEA report says…
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2nd wave of virus may leave 80M people unemployed: OECD
OECD says COVID-19 jobs crunch already 10 times worse than 2008 global financial crisis A second wave of the novel…
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Turkish banks strong in terms of capital, liquidity
For long time, banks in Turkey have been in good position in terms of capital, liquidity, strength, says Garanti BBVA’s…
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Coronavirus could spark a financial crisis for struggling countries, Singapore’s trade minister warns
Many countries are now “fiscally challenged,” with few having the headroom to deploy monetary policy as rates are currently so…
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UN urges $2.5 trillion to support developing countries
UN trade and development body says COVID-19 crisis sent economic shockwaves more dramatic than 2008 financial crisis The UN trade…
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