What is interest?

Interest is the price paid for the use of bank funds. They are mainly monetary funds If the interest is expressed as a percentage we are talking about the interest rate….Read more

About securities

We must point out that the full value of certain securities that are here unknowingly have the same or similar importance in all countries.Many of these securities…Read more

About loan

For a loan, usually related, (cash) of an institution, which gives it to use of customers in a certain period of time under certain conditions.Conditions for obtaining the loan…Read more

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Turkey inflation to hit 58% by the end of 2023 says Governor Hafize Gaye Erkan

The central bank of Turkey expects inflation to rise to the end of this year. The prediction and expectation of Governor Hafize Gaye Erkan are not good for Turkey economy. Turkey’s central bank with monthly and annual inflation rates announced that inflation has moved up the latter last month and it has gone up to […]

JP Morgan predicts the end of global reserve currency

One of world leading bank JP Morgan CHASE analyzing BRICS de-dollarization by the countries of BRICS nation and come to the conclusion that U.S. dollar is at risk. The dollar is at risk of losing its global reserve status because BRICS countries started to trade in their local currency. The institute JP Morgan analyze predicts […]

EU economy on the brink of collapse

The war in Ukraine against Russia has crushed the European economy. The North stream pipeline who was destroyed, and who supply the biggest economy in EU Germany with gas has a great impact on their economy. We are seeing the prices spiking and inflation is growing. The European Union fight against it by pushing up […]

Michael Burry $1.6 billion bet against stock market

His predicting the big collapse of Wall Street and put a $1.6 billion bet that this is going to happen. The famous “Big Short” movie says it clear that we are starting to be scared about the upcoming future event after his new prediction. His bet against the S&P 500 and Nasdaq 100 downturn will […]

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