News tagged with economic crisis

2008 crisis spurred rise in suicides in Europe

The financial crisis that began to hit Europe in mid-2008 reversed a steady, years-long fall in suicides among people of working age, according to a letter published on Friday by The Lancet.

Jul 08, 2011
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AIDS drug supplies dwindling in Swaziland

(AP) -- Cash-strapped Swaziland's state hospitals have only two months' supplies of AIDS drugs, the country's health minister has told parliament in an assessment that AIDS patients and activists took as a death sentence.

Jun 28, 2011
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Future of food policy should start at home

Long accustomed to plentiful and affordable meat, fish, fruit and vegetables, Australians may have to get used to higher prices as the soaring cost of agricultural staples suggests an era of cheap food is coming to an end.

Jan 10, 2011
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Cancer treatment funds run out for Swazi patients

(AP) -- Swaziland's government has run out of money to send its cancer patients to neighboring South Africa for treatment, and a spokeswoman said Thursday the tiny impoverished kingdom does not have any government hospitals ...

Jun 30, 2011
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Hospitals cutting services, staff amid recession

(AP) -- Ailing from the recession, many U.S. hospitals have had to begin making painful cuts to patient services and laying off staff, as previous cost-cutting hasn't been enough, an industry survey found.

Apr 27, 2009
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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.

This text uses material from Wikipedia, licensed under CC BY-SA

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