South Africans gave a warm welcome to President Cyril Ramaphosa's recent announcement about a "set of actions" to respond to the energy crisis in the country.
Political science
Aug 04, 2022
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13
The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...
Economics & Business
Jun 16, 2022
0
4
After the pandemic and now a cost of living crisis, it seems unthinkable that the economic situation could get worse. But experts are pretty certain that the U.K. economy will flatline in 2023, and some are even murmuring ...
Economics & Business
Jun 15, 2022
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3
Research by a Kingston University economist provides fresh evidence for Bitcoin being a safe haven for finance during a nation's economic crisis. The cryptocurrency proves volatile during a global crisis, however, as seen ...
Economics & Business
May 16, 2022
3
12
The number of people facing hunger rose to 193 million last year as conflict, climate change and economic crises ravaged people's livelihoods, the UN's Food and Agriculture Organization said Wednesday.
Social Sciences
May 04, 2022
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3
Drought had already devastated Allawddin Rahimi's wheat fields when the Taliban reached his village in northern Afghanistan. The group's takeover left him with no choice but to flee.
Environment
Apr 06, 2022
2
17
A team of researchers at Leiden University has attempted to measure the demand for sand in the coming decades and has also outlined ways to prevent a demand crisis. In their paper published in the journal Nature Sustainability, ...
In late 2019, the Bill & Melinda Gates Foundation launched the Voices for Economic Opportunity Grand Challenge, a call for ideas from individuals and organizations to broaden the national conversation about poverty and economic ...
Social Sciences
Mar 22, 2022
0
14
Thousands of people have been displaced from the floods in New South Wales and Queensland. Across the Northern Rivers, the floods have damaged at least 5,500 homes, with at least half of these expected to be uninhabitable.
Social Sciences
Mar 15, 2022
0
0
UC Berkeley economists have launched a powerful new web tool that allows users to track, almost in real time, how economic growth and public policy affect the distribution of income and wealth among classes in the United ...
Economics & Business
Feb 01, 2022
0
2
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.
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