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.
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News tagged with economic crisis
Strategic management theory offers fresh take on the economic crisis
Nov 24, 2009 |
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The recent financial crisis and resulting global economic downturn has been the most defining global economic event since the Great Depression. Now research which appears in the November issue of Strategic Organization, publis ...
Lenovo buying back mobile phone business
Nov 27, 2009 |
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(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.
Search results for economic crisis
In search of the root causes of the 2008 crisis: New York Fed to hear new theory on financial meltdown
Dec 07, 2009 |
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(PhysOrg.com) -- Anjan Thakor, finance professor at the Olin Business School, Washington University in St. Louis, will present a new theory on the causes of the financial crisis to a meeting of the New York Federal Reserve ...
Only tax increase can cure Illinois budget woes, study says
Nov 18, 2009 |
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Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...
New software to simulate future financial crises
Technology / Computer Sciences
Dec 03, 2009 |
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(PhysOrg.com) -- Can economics better predict how banks will react to future credit crunches and their impact on the wider economy? Breakthrough simulation software by European researchers could hold the answers ...
Pay babysitter on iPhone, says Twitter
Electronics / Consumer & Gadgets
Dec 09, 2009 |
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Microblogging service Twitter has branched into the market for electronic payments, unveiling a mini credit card swiper that plugs into the iPhone, at a European internet fair on Wednesday.
Fossil fuel CO2 emissions up by 29 percent since 2000
Nov 17, 2009 |
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The strongest evidence yet that the rise in atmospheric CO2 emissions continues to outstrip the ability of the world's natural 'sinks' to absorb carbon is published this week in the journal Nature Geoscience. ...
Hydrogen milestone moves energy independence one step forward
Nov 10, 2009 |
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(PhysOrg.com) -- Big things often come in small packages. That's certainly the case with the potential created by recent successes in hydrogen research at Idaho National Laboratory.
World Newspaper Congress opens in India
Dec 01, 2009 |
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(AP) -- Newspaper executives and editors gathered in India from around the world Tuesday heard calls to seek more payment for their content on the Internet as they decried their industry's sharply falling ...
Soros: Climate financing dispute could wreck talks (Update)
13 hours ago |
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(AP) -- The $10 billion a year proposed by rich nations to help the poor adapt to climate change is "not sufficient" and the gap between what's offered and what's needed could wreck the Copenhagen climate ...
Homicide rates linked to trust in governement, sense of belonging, study suggests
Other Sciences / Social Sciences
Dec 01, 2009 |
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When Americans begin routinely complaining about how they hate their government and don't trust their leaders, it may be time to look warily at the homicide rate.
Dead Sea needs world help to stay alive
Nov 24, 2009 |
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The Dead Sea may soon shrink to a lifeless pond as Middle East political strife blocks vital measures needed to halt the decay of the world's lowest and saltiest body of water, experts say.
List of search results for economic crisis
