Uruguay in 2002 is in an economic crisis that hits the poorest sectors of the population hardest, motivating people to steal en masse. In the slums of Montevideo, large numbers of people began illegally tapping electricity ...
Social Sciences
May 14, 2019
0
4
Relentless negative reporting on economic downturns is impacting on people's emotions and contributing to the suicide rate, according to new research.
Social Sciences
May 08, 2019
0
6
The answer to the climate crisis could be seizing social and political tipping points where a modest intervention can lead to massive change, suggest leading University of Oxford economists.
Earth Sciences
Apr 12, 2019
3
150
The Great Depression, which spanned the 10 years following the stock market crash of 1929, led to severe conditions in several developed countries at a time when there was no social safety net. This triggered a massive entry ...
Social Sciences
Apr 10, 2019
0
4
For Dimitra Dionysopoulou, who lives in the shadow of the Acropolis, there is no mistaking the signs of the Airbnb takeover in her neighbourhood.
Business
Mar 24, 2019
0
16
Fulfilling the world's growing energy needs summons images of oil pipelines, electric wires and truckloads of coal. But Michigan State University scientists show a lot of energy moves nearly incognito, embedded in the products ...
Energy & Green Tech
Mar 21, 2019
0
9
German carmaker Opel on Thursday said it would return to Russia after a more than three-year absence as new French owner PSA branches out in a bid to reduce the group's reliance on the European market.
Automotive
Mar 14, 2019
0
9
The Dodd-Frank Act, enacted in 2010 to promote economic stability and protect consumers in response to the 2008 global financial crisis, is showing mixed results, according to a new study by Case Western Reserve University.
Economics & Business
Feb 22, 2019
0
4
This time it really is over. Airbus chief executive, Tom Enders, recently announced the end of the A380, the largest commercial aircraft ever built. Despite reported investments of more than €14 billion, this iconic European ...
Business
Feb 20, 2019
0
20
The recent tumult in financial markets has shined a light on the rising role of automated trading on Wall Street and whether it is exacerbating volatility.
Business
Dec 28, 2018
2
7
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.
This text uses material from Wikipedia, licensed under CC BY-SA
