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 financial crisis
In search of the root causes of the 2008 crisis: New York Fed to hear new theory on financial meltdown
Dec 07, 2009 |
2.5 / 5 (2) |
0
(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 ...
The global financial crisis is bad for more than just your pocket
Nov 16, 2009 |
5 / 5 (1) |
0
One in four Australian adults has taken an action that puts their health at risk as a result of the global financial crisis (GFC), according to a new MBF Healthwatch poll.
Search results for financial crisis
Value of volunteering more than economic
Other Sciences / Social Sciences
Dec 14, 2009 |
not rated yet |
0
With rising unemployment and fewer job vacancies, the current financial crisis has seen renewed policy emphasis in both Europe and the UK on volunteering as a route to employment, according to a new report from the Economic ...
Soros: Climate financing dispute could wreck talks (Update)
Dec 10, 2009 |
1 / 5 (2) |
3
(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 ...
New software to simulate future financial crises
Technology / Computer Sciences
Dec 03, 2009 |
not rated yet |
0
(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 ...
China solar panel makers see boost from Copenhagen
Dec 03, 2009 |
3.7 / 5 (3) |
2
In Trina Solar's brilliant white factory in eastern China, masked workers in lab coats turn silicon wafers into solar power cells capable of harnessing the sun's clean and limitless energy.
Biology, training and profit sharing make best traders
Nov 25, 2009 |
4.5 / 5 (2) |
1
(PhysOrg.com) -- Cambridge researchers have identified a group of traders consistently able to outperform the market, even during the credit crisis.
Nokia to ax 220 R&D jobs in Japan
Nov 24, 2009 |
not rated yet |
0
(AP) -- Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.
Strategic management theory offers fresh take on the economic crisis
Nov 24, 2009 |
4 / 5 (3) |
0
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 ...
American Express takes aim at PayPal with Revolution
Nov 22, 2009 |
4.5 / 5 (2) |
1
With its deal to buy Revolution Money, American Express is taking aim at the growing market for online and alternative payments, in a challenge to recognized leader PayPal, analysts say.
Sony chief executive outlines turnaround plan
Nov 19, 2009 |
not rated yet |
0
(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep ...
Only tax increase can cure Illinois budget woes, study says
Nov 18, 2009 |
1 / 5 (3) |
3
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 ...
List of search results for financial crisis
