Tag Archive: Markets


Exactly two years ago to the day new headlines were screaming out words to the effect, for example:  China facing full-blown banking crisis, world’s top financial watchdog warns. China is sinking ever deeper into debt, and risks a major banking crisis. via /r/economy

China has failed to curb excesses in its credit system and faces mounting risks of a full-blown banking crisis, according to early warning indicators released by the world’s top financial watchdog.

A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late.

The Bank for International Settlements warned in its quarterly report that China’s “credit to GDP gap” has reached 30.1, the highest to date and in a different league altogether from any other major country tracked by the institution.

It is also significantly higher than the…” etc. That was September 2016!

Fast-forward to September 2019 and … https://www.scmp.com/week-asia/economics/article/2181593/look-us-not-china-2019-financial-crisis-heres-why

After a panicked end to 2018 in the financial markets, and a jittery start to the new year, an increasing number of investors, analysts and economists are beginning to warn about “the crisis of 2019”, as often as not to be followed by “the recession of 2020”.

Part of the reason is simply the feeling that the world is overdue for another downturn.

A look at the economic history of recent decades shows that major financial crashes tend to come along every five to seven years. So, for example, there were the oil crises of the 1970s, the Latin American debt crisis of 1982, the Black Monday stock market crash of 1987, the Tequila Crisis of 1994, the Asian financial crisis of 1997-98, the dotcom bust of 2000 and the worldwide recession that followed, the credit crunch and global financial crisis of 2007-08, and the European debt crisis that peaked in 2012…” And don’t forget about Deutsche Bank

#Bond #Markets: Dealers’ need for #financing to hold their #Treasuries inventory has contributed to the intermittent #spikes in #repo #rates. Guessing #Deutsche #Bank‘s €43.5 trillion notional #derivatives #bonds exposure is becoming a #default #contagion across multiple banks. 
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The Jury of the Brasov International Film Festival & Market (1-11 August 2013) composed by director Bruno Pischiutta – Jury President, actress Nubia Buitrago, screenplay writer Ana-Maria Cioflec, model Cristiana Cioflec, production manager Elio Dell’Unto, actress Aida Vondeth and actor Peter Wolf has deliberated and awarded the films in competition as follows:

• Best Film – “One Day” produced by Nina Jacobson

• Best Director – Giovanni Veronesi for “The Ages of Love”

• Best Cinematography – Kwok-Man Keung for “The Sorcerer and the White Snake”

• Best Lead Male Actor – Richard Gere for “Arbitrage”

• Best Lead Female Actor – Sarah Jessica Parker for “I Don’t Know How She Does It”

• Best Screenplay – Brian Klugman for “The Words”

• Best Music Score – Julian Nott “The Decoy Bride”

• Best Art Direction – “Snowflake, The White Gorilla”

• Best Costumes – Bina Daigeler for “Captain Thunder & The Holy Grail”

More information and some great pictures can be seen by clicking this link: Awards Gala Night – Brasov International Film Festival & Market 2013.