Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


Lending to emerging economies threatens to halt global crisis (Director of the Bank for Internati)

Share

rocky
Moderator
Moderator

Posts : 58371
Thanked : 1930
Join date : 2012-12-21

Lending to emerging economies threatens to halt global crisis (Director of the Bank for Internati)

Post by rocky on Sun 07 Feb 2016, 5:09 am

[size=24]Lending to emerging economies threatens to halt global crisis
 
 
 
 
 
[/size]
 
[size=18]Director of the Bank for International Settlements warns of global recession deeper than previously

 
 
 
 
 
 
[/size]
Abu Dhabi - Sky News Arabia Warned the Bank for International Settlements (APIs), which is described as the "central bank of central banks" in the world, stopped lending to emerging economies, which played a key role in global economic growth in recent years crisis.
He said the bank manager Jim Caruana in a speech at the University of London for Economic Studies to stop lending to emerging economies entered the global economy in a "vicious circle" of negative developments, such as financial market turmoil and the collapse of the value of assets and slowing economic growth.
In the latest data bank lending to emerging economies, the index began to decline negatively since last September, righting credit, whether in the form of bonds or bank loans to countries emerging economies and the dollar fell to $ 3.33 trillion from 3.36 trillion.
The Institute of International Finance said last month that emerging economies countries witnessed year out of capital significantly (Besav and negative) for the first time since 1988, the escape of up to $ 735 billion, of which over 2015.
And linking Caruana between the recent turmoil in the stock markets and slowing economic growth and significant changes in exchange rates and the collapse of commodity prices, pointing out that it is not a shock relating to each sector separately and described it as a sign of "especially in emerging economies financial cycle" is complete.
The collapse of the value of assets
Bank for International Settlements estimates that about a quarter of investments now, including credit for emerging economies, going to speculate on the currency is a threat of another disaster.
According to the majority of analysts' estimates, the credit crunch is also compounded by the collapse of the assets that were financed with loans in the boom period of financial recovery value.
It cites a large number of international officials and analysts example of the oil and gas sector, which he described as Caruana defies economic logic with the continuation of companies to increase production despite a collapse in prices.
The Institute of International Finance estimates that this trend but feeds the enormous debt bubble in the energy sector can be a fuse of the next global crisis will be deeper and longer answers than ever.
In over a decade of high oil prices, big energy companies issued bonds worth 1.4 trillion dollars in addition to the $ 1.6 trillion of bank debt.
Under the current conditions of energy markets is difficult to imagine how the industry will be able to service such a debt of up to $ 3 trillion.



http://www.skynewsarabia.com/web/article/814028/%D8%AA%D9%88%D9%82%D9%81-%D8%A7%D9%84%D8%A7%D9%82%D8%B1%D8%A7%D8%B6-%D9%84%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%A7%D8%B9%D8%AF%D8%A9-%D9%8A%D9%86%D8%B0%D8%B1-%D8%A8%D8%A7%D9%94%D8%B2%D9%85%D8%A9-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9

    Current date/time is Sat 10 Dec 2016, 12:27 pm