News tagged with economic crisis

Poland seeks competitive edge through new technology

Poland, which is expected to post the European Union's highest growth this year, is hoping to further boost its competitive edge by investing in new technology, the country's e-government czar said Wednesday.

Technology / Business

created May 16, 2012 | popularity 5 / 5 (2) | comments 1

Gold rush sweeps Latin America, Amazon suffers

A new gold rush is sweeping through Latin America with devastating consequences, ravaging tropical forests and dumping toxic chemicals as illegal miners fight against big international projects.

Space & Earth / Environment

created May 15, 2012 | popularity not rated yet | comments 0

Google boss lays out future vision at world's top tech fair

Google's executive chairman Eric Schmidt cast a science-fiction vision of the future as the world's top tech fair opened Monday, with the German IT sector predicting record sales in 2012.

Technology / Business

created Mar 05, 2012 | popularity not rated yet | comments 4

German IT sector in bullish mood at world's top tech fair

The German IT sector headed into the world's biggest high-tech fair in bullish mood, seeing record sales in 2012 ahead of the event's inauguration Monday by the leaders of Germany and Brazil.

Technology / Business

created Mar 05, 2012 | popularity not rated yet | comments 0

Milan lags behind in fashion's Internet revolution

With social network sites and smartphone apps making rapid inroads into the fashion world, observers say Italy risks falling behind even as its luxury brands feel the pain from the economic crisis.

Technology / Internet

created Feb 23, 2012 | popularity not rated yet | comments 0

Europe courts world scientists with cash grants

The European Research Council launched an international campaign Sunday to court the world's top scientists to work in Europe with grants of up to 3.5 million euro (4.6 million dollars) over five years.

Other Sciences / Other

created Feb 20, 2012 | popularity 5 / 5 (1) | comments 0

Storm warning: Financial tsunami heading this way

In today's global village, national coffers are more interconnected than ever before. And as the current economic crisis has proven, a downturn in one country can travel in a wave across the globe, like a financial tsunami. ...

Other Sciences / Economics & Business

created Feb 09, 2012 | popularity 3 / 5 (3) | comments 7

Japan's Panasonic set for $10.2 billion loss

Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.

Technology / Business

created Feb 03, 2012 | popularity not rated yet | comments 0

Clouds gather over Spain's renewables sector as aid cut

Spain's push to become a world leader in renewable energy risks collapsing after the government slammed the brakes on generous subsidies as part of an austerity drive.

Technology / Energy & Green Tech

created Feb 02, 2012 | popularity not rated yet | comments 0

Research: Is fair value really fair?

As the United States continues its struggle to emerge from the worst economic crisis since the Great Depression, a practice known as fair-value accounting has been taking heat. Critics—mostly banking associations—say ...

Other Sciences / Economics & Business

created Jan 31, 2012 | popularity not rated yet | comments 0

Tough economy curbs clean energy investment: experts

A global economic slowdown and the eurozone debt crisis have curbed government investment in renewable energy, experts warned Tuesday.

Technology / Energy & Green Tech

created Jan 17, 2012 | popularity 5 / 5 (1) | comments 3

Samsung Group to invest record $41.56 bln this year

South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.

Technology / Business

created Jan 17, 2012 | popularity not rated yet | comments 0

Cuba to use sugar cane in new electricity plant

Cuba will open its first electricity plant using sugar cane as a biofuel hoping eventually to meet 30 percent of its energy needs from the fuel source, the official Granma daily said Thursday.

Technology / Energy & Green Tech

created Dec 22, 2011 | popularity 4.7 / 5 (3) | comments 7

Russia slams Kyoto Protocol

Russia supports Canada's decision to pull out of the Kyoto Protocol, says its foreign ministry, reaffirming Friday that Moscow will not take on new commitments.

Space & Earth / Environment

created Dec 16, 2011 | popularity 5 / 5 (1) | comments 24

Industrial 'inertia to change' is delaying development of zero carbon homes, report finds

Tackling rising CO2 emissions from the residential sector could make a vital contribution towards mitigating climate change, according to a new report from the UCL Bartlett School of Planning.

Space & Earth / Environment

created Dec 15, 2011 | popularity not rated yet | comments 1

Financial crisis

The 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.