Crisis

Global Financial Crisis Explained The global financial crisis in 2008 was a great event in the history of world economy. Rare is a crisis of such scale. It’s easily the worst financial crisis the world has ever seen since the Great Depression in 1930s. But what are the causes of the global financial crisis? How could such a crisis happen? The answer to this question can be summarized in just one word: greed. Greed is the factor behind all the misbehavior that eventually led to the crisis. Greed made

Political crisis in Belgium Introduction Belgium is facing a political crisis since 2007 because of the differing opinions on state reform, and in the enduring existence of the controversial electoral district of Brussels-Halle-Vilvoorde (BHV). To explain to you how our small country can be so complicated, we need to precise that Belgium is divided in three communities: the French speaking community, the Dutch speaking community, and the German speaking one. However, the German one is so

406-840 “The Leadership of the European Union and its policies to manage the financial crisis” Content The World Economic and financial Crisis 2 Definition 2 Origins 2 The progress and the consequences of the global economic crisis 5 Some Important Events of 2008 7 First reaction and Stimulus plan 8 The Leadership of the European Union and its policies to manage the crisis 10 March 2009 Summit in Brussels 10 European Economic Recovery Plan 11 Cohesion

MISSILE CRISIS VOC Upheavals Stifle Curtail Retaliations Embargo Hot spot Outpost Gird Warheads Brinkmanship Deter Setback FACTS January, 1, 1959 Castro and his guerilleros entered Havana. Batista’s overthrow. May, 5 1960 U2 spy plane affair 1961 the Berlin’s wall is built April, 17, 1961, Bay of Pigs Late in 1961, a member of the Politburo proposed placing missile units in Cuba August 1962, 42 missiles, were shipped to Cuba October, 14, 1962, eruption of the crisis because

obsessed with the word “crisis.” Newspapers, magazines, websites, TV shows and many others were portraying the reality of the world based on the different connotations that the magical word crisis have. For some people the word means opportunities in the market and for others just accumulated losses and risk. Well, I could say that I am lucky because I have lived in a period of crisis because it has shaped my knowledge about the financial sector and its mechanisms. The sub-prime crisis that started in the

What is the credit crisis? It’s a worldwide financial fiasco involving terms like: - Sub-prime mortgages - Collateralized debt obligation - Frozen credit markets - Credit default swaps Who is affected? EVERYONE How it has been happen? The credit crisis brings two groups of people together => Homeowners and Investors Homeowners represent their mortgages and Investors represent their money. These mortgages represent houses and the money represents large Institutions such Pension

THE SUBRIME CRISIS IN USA DEFINITION: 3 factors which define the subprime crisis: * It is a world crisis which began in February, 2007. It is considered as the biggest banking crisis since the Big Depression of 1929, and provoked a major turnover of the international banking landscape. * A subprime credit is a Mortgage credit granted to clients with modest income. * This credit is characterized by a rise of the interest rate. CHARACTERISTICS: 2 characteristics : * The decline

¿Es el FMI responsable de la crisis argentina ? Durante los anos del ultra-liberalismo de la década de 1990 y el gobierno de Menem, Argentina fue considerada como el “mejor alumno” del FMI. El presidente estaba muy cerca de los Estados Unidos y de sus valores económicos que cambiaron los datos del país. Antes de Menem, las pequeñas empresas y los artesanos estaban numerosos y podían desarrollarse. Pero el presidente peronista con medidas de rigor trastornó todo eso y el nivel social (mientras

“LA CRISIS ECÓNOMICA UNA PERSPECTIVA EUROPEA”. EL EURO; MONEDA ÚNICA, ZONAS MONETARIAS ÓPTIMAS Y SHOCKS ASIMÉTRICOS. GLOBALIZACIÓN Y MERCADOS FINANCIEROS; DE SUBPRIMES Y OTRAS OCURRENCIAS. ¿ES POSIBLE UNA GOBERNANZA ECONÓMICA EUROPEA Y MUNDIAL? 1.- Euro, zonas monetarias óptimas, choques asimétricos y las crisis sistémica financiera global.  El euro en contexto: Un poco de historia europea; del Mercado común al Euro. El coste del no euro; de los seguros de cambio, el euro moneda de reserva

New School Economic Review, Volume 2(1), 2007, 77-99 THE NORTH-SOUTH ENVIRONMENTAL CRISIS: AN UNEQUAL ECOLOGICAL EXCHANGE ANALYSIS George Howell* For Gideon Rosenbluth ABSTRACT This paper offers a political economy problematisation of the current trends of production towards environmental degradation, while offering an environmental critique of mainstream economic thought and capitalist exchange and production. A case is made for a re-appraisal of ‘unequal exchange’ analysis of international