Financial crisis
hideThe term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.
Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.
For more information about Financial crisis, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
News tagged with economic crisis
Microsoft raises cloud computing concerns
Nov 05, 2009 |
1.4 / 5 (9) |
0
Packaged software powerhouse Microsoft on Thursday released a paper outlining privacy concerns businesses should consider prior to leaping into the computing "cloud."
Africa world's fastest growing mobile phone market
Oct 23, 2009 |
5 / 5 (1) |
1
(PhysOrg.com) -- Mobile phone subscriptions in Africa have defied the world economic crisis by growing faster than in any other region of the world since 2003, according to a United Nations report published ...
Overfishing: Are there really plenty of fish in the sea?
Oct 12, 2009 |
5 / 5 (5) |
0
Years before an economic crisis taught everyone the risks of runaway growth, marine fishermen and fishery managers were already getting a crash course.
Next season on the box? Cheap and light TV
Sep 29, 2009 |
not rated yet |
0
Cash-strapped couch potatoes forced to stay in thanks to the global economic crisis next season will be dished up platters of light low-cost entertainment as TV networks chase rare advertising revenue.
Do the media lead entrepreneurs astray?
Other Sciences / Social Sciences
Aug 26, 2009 |
4 / 5 (1) |
0
If you're looking for reliable information, then you won't necessarily find it in the newspaper. According to Dr. Susan Glover from the University of California in the US, public information from both informal and written ...
Study: Financial windfalls hasten early retirement
Other Sciences / Social Sciences
Aug 13, 2009 |
1 / 5 (2) |
1
Older workers who get a jolt of cash out of the blue are more likely to cash in on early retirement, according to new research led by two University of Illinois finance professors.
Scripps up sharply on Wall St on surprise profit
Aug 10, 2009 |
not rated yet |
0
US media company EW Scripps Co. reported a surprise quarterly net profit on Monday, despite a 29 percent decline in advertising revenue, sending its shares sharply higher on Wall Street.
PC maker Lenovo reports loss amid weak demand
Aug 06, 2009 |
5 / 5 (1) |
0
(AP) -- Lenovo Group, the world's fourth-largest personal computer maker, reported a $16 million quarterly loss Thursday and said it faces pressure from weak global demand and intense competition.
For struggling single moms, 3-generation households are better than 2
Other Sciences / Social Sciences
Aug 03, 2009 |
5 / 5 (1) |
1
Living in a three-generation household can significantly enhance the economic well-being of children, according to a new study from researchers at the University of Southern California and the University of Massachusetts, ...
China first out of global financial crisis, says leading expert
Jul 28, 2009 |
4 / 5 (2) |
1
China is the first major economy to start emerging from the global economic crisis, according to Dr Nicholas Lardy, Senior Fellow at the Peterson Institute for International Economics at Washington DC. This ...
Soft PC sales send Microsoft profit down 29 pct
Jul 23, 2009 |
1 / 5 (1) |
2
(AP) -- Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since ...
Passwords for Brazilian jobless site insult users
Jul 20, 2009 |
not rated yet |
0
(AP) -- It's a shameless thing to do in an economic crisis.
Dell shares dive as PC market still looks rough
Jul 14, 2009 |
not rated yet |
0
(AP) -- Dell Inc. said Tuesday that the U.S. personal computer market has reached its low point but that the timing of a global turnaround in the technology industry remains anyone's guess.
More 'McBang' for your 'McBuck'
Jul 14, 2009 |
3.5 / 5 (2) |
0
McDonald's seems recession-proof, its profitability apparently untouched by the newest economic crisis to hit America. Though the average family may not be able to eat out in style, they can afford a Dollar Menu double cheeseburger ...
Ford's last-minute cold feet put emissions deal at risk
May 20, 2009 |
2.6 / 5 (5) |
3
It had taken weeks of hardball negotiations, but by Sunday afternoon White House officials thought everything was falling into place. In less than 48 hours they would unveil a landmark deal with U.S. automakers to impose ...
