Diseases, Conditions, Syndromes

Vaccine hopes and economic woes as virus spreads

President Donald Trump voiced hope Friday that a coronavirus vaccine will be available by late 2020, cushioning dire US economic news as parts of Europe re-open despite fears of a second wave of the pandemic.

Diseases, Conditions, Syndromes

Failures in Ecuador a warning for Latin America's COVID-19 fight

With hundreds of bodies left decaying in homes for days due to lack of space in the city's overwhelmed morgues and hospitals, the coronavirus has struck a blow to Ecuador's economic capital Quayaquil, now a symbol of the ...

Diseases, Conditions, Syndromes

One third of humanity under virus lockdown

India's billion-plus population went into a three-week lockdown on Wednesday, with a third of the world now under orders to stay indoors, as US politicians agreed to spend $2 trillion to counter the economic damage of the ...

Diseases, Conditions, Syndromes

China virus epicentre to open up as world locks down

China announced Tuesday an end to travel curbs at the epicentre of the coronavirus pandemic, as governments around the world tightened lockdowns in a desperate effort to slow the spread of the deadly disease.

Diseases, Conditions, Syndromes

Lockdowns multiply globally as virus strains health systems

Major streets and highways were deserted in many parts of the world Saturday as curfews and lockdowns multiplied in the face of a rapidly advancing virus that is severely straining many health systems.

Diseases, Conditions, Syndromes

Trump declares virus pandemic a national emergency

President Donald Trump on Friday declared the coronavirus pandemic a national emergency in order to free up more money and resources as he denied any responsibility for delays in making testing available for the new virus, ...

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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