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
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News tagged with financial crisis
Study: Credit crisis, debt load a double whammy for investment
Nov 09, 2009 |
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Firms with heavy long-term debt that came due amid the nation's recent credit crisis slashed investment more than three times as much as companies whose paybacks ducked the meltdown, a new University of Illinois study found.
Africa world's fastest growing mobile phone market
Oct 23, 2009 |
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(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 ...
Installed cost of solar photovoltaic systems in the US fell in 2008
Oct 21, 2009 |
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Researchers at the Department of Energy's Lawrence Berkeley National Laboratory released a new study on the installed costs of solar photovoltaic (PV) power systems in the U.S., showing that the average cost ...
Nokia posts loss of $832 million in third quarter
Oct 15, 2009 |
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(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...
India's Infosys posts 7.5 pct jump in quarterly profit
Oct 09, 2009 |
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Infosys Technologies, India's second-biggest software firm, posted Friday a surprise 7.5 percent quarterly jump in net profit as an improving global economy eased price-cutting pressure.
Crises lead banks to operate more opportunistically
Sep 21, 2009 |
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Financial crises place significant strain on banks, causing them to behave more opportunistically than clients are accustomed to. Business clients should count on this, according to Uppsala University business economist Kristina ...
Older Americans: How they are faring in the recession
Sep 16, 2009 |
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(PhysOrg.com) -- Older Americans have weathered the financial crisis relatively well, although many now expect to work longer than they did just a year ago, according to a University of Michigan study released on Capitol ...
999: The human face of economic crisis
Sep 09, 2009 |
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As the economy continues to unravel, a series of papers published today assess the effects of the crisis on children's health, education, and rights in East Asia and the Pacific. Crisis for Children, a special issue of the ...
Financial Crisis Reduces Economic Freedom in China and the West
Jul 31, 2009 |
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(PhysOrg.com) -- The current financial crisis may reduce economic freedom as governments are likely increase intervention in a bid to protect their own economies - according to a study in Pacific Focus published by Wiley- ...
Show me the money: Pay the biggest influence on retirement decisions, survey finds
Other Sciences / Social Sciences
Jul 23, 2009 |
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(PhysOrg.com) -- With many employees on the threshold of retirement now forced to re-think their plans in the wake of the global financial crisis, new research confirms that money is clearly a key priority for most people. ...
Airlines wary of 2020 carbon-neutral target
Jun 09, 2009 |
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Crisis-hit airlines said Tuesday that a plan to cap the growth of the industry's emissions by 2020 was ambitious and costly but agreed on the urgency of fighting climate change.
China: Will ensure stimulus protects environment
Jun 05, 2009 |
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(AP) -- China said Friday it will strictly monitor the government's economic stimulus package for projects that cause pollution, addressing worries that officials would ignore the environment in an effort to maintain China's ...
Global CEOs back greenhouse gas cuts, carbon caps
May 26, 2009 |
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(AP) -- A global summit of business leaders urged governments to order steep and mandatory cuts in greenhouse gases Tuesday, favoring a cap-and-trade system instead of a tax to set a market price for carbon ...
Gore, others urge CEOs to back climate change deal
May 24, 2009 |
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(AP) -- Climate-change heavyweights U.N. chief Ban Ki-moon and Nobel prize winner Al Gore urged more than 500 business leaders on Sunday to lend their corporate muscle to reaching a global deal on reducing ...
Avoiding social potholes on your career path
Other Sciences / Social Sciences
May 14, 2009 |
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In today's financial crisis, networking know-how is a necessity for finding jobs and business opportunities. But a series of new studies by Dr. Yuval Kalish of the Leon Recanati Graduate School of Business Administration ...
