Exchange Currency

financial crisis

An economic recession or depression caused by a lack of necessary liquidity in financial institutions. A financial crisis may be caused by natural disasters, negative economic news, or some other event with a significant financial impact. Financial crises tend to cause decreases in business activities, leading to a self-reinforcing intensification of the crisis.

Related information about financial crisis:
  1. Financial crisis - Wikipedia, the free encyclopedia
    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 ...
     
  2. 2007–2012 global economic crisis - Wikipedia, the free encyclopedia
    The events began with the financial crisis of 2007–2008, considered by many economists to be the worst financial crisis since the Great Depression of the 1930s ...
     
  3. Financial crisis of 2007–2008 - Wikipedia, the free encyclopedia
    The financial crisis of 2007–2008, also known as the global financial crisis and 2008 financial crisis, is considered by many economists to be the worst financial ...
     
  4. The Financial Crisis Timeline
    Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States ...
     
  5. In depth coverage of Global financial crisis from the Financial Times
    In depth coverage of Global financial crisis, including credit squeeze, credit crunch, Lehman Brothers, AGI, HBOS, Lloyds TSB, Goldman Sach, Morgan Stanley, ...
     
  6. Financial Crisis - The World Bank
    News, analysis, research and data on the global financial crisis and its impact on developing countries.
     
  7. Financial crisis | Business | The Guardian
    Latest news and comment on Financial crisis from guardian.co.uk.
     
  8. Financial Crisis: IMF Key Issues
    As part of its work in overseeing the health of the global economy, the IMF works to foster global financial stability and help countries develop and maintain ...