Lake Maracaibo, lightning capital of the world

One firebolt after another illuminates a stilt-house settlement where the Catatumbo river flows into Venezuela's Lake Maracaibo, the lightning capital of the world.

Sri Lanka organic revolution threatens tea disaster

Sri Lanka's drive to become the world's first 100 percent organic food producer threatens its prized tea industry and has triggered fears of a wider crop disaster that could deal a further blow to the beleaguered economy.

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.

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