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المشهد العربي
Settlement Bank cites rising debt complicating financial crises
The head of the Bank for International Settlements warned that the rising levels of public debt and structural changes in the financial system will complicate central banks' handling of future financial crises, making their responses more controversial. He emphasized that the current conditions—where debt levels in many major economies are reaching record highs, approaching those recorded since World War II—pose significant challenges in distinguishing between transient crises that require emergency intervention and investment concerns related to fiscal health.
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