Psychology & Psychiatry

UK Treasury chief to put cash into mental health

Britain's Treasury chief is planning to pour 2 billion pounds ($2.5 billion) into mental health services as he delivers his final budget before the country leaves the European Union.

Diseases, Conditions, Syndromes

Drug-resistant infections could spark financial crisis: study

The spread of superbugs that are resistant to all known drug treatments could spark a global financial crisis on the level of the 2008 meltdown or worse, a World Bank-led study warned on Monday.

Medications

UK experts urge $2bn global fund to develop antibiotics

The global pharmaceutical industry should set up a $2.0 billion (1.8-billion euro) global innovation fund to help kickstart research into developing more resistant antibiotics, experts said on Thursday.

Health

Report finds social cohesion stable despite changing landscape

The 2012 'Mapping Social Cohesion Report' - Australia's largest survey of social cohesion, immigration and population issues, authored by Monash University's Professor Andrew Markus and produced by the Scanlon Foundation, ...

Diseases, Conditions, Syndromes

Time to act on COPD

As leading figures in respiratory health from across the globe gather in Birmingham for the COPD8 conference ahead of World Spirometry Day, the European COPD Coalition (ECC) is calling on policy makers across Europe to recognise ...

HIV & AIDS

Global Fund to Fight AIDS to slash over 100 jobs

The Global Fund to Fight Aids, Tuberculosis and Malaria said Wednesday it is cutting over 100 jobs, in an overhaul after a rough financial period and a scandal in which millions of dollars went missing.

page 1 from 2

Global financial crisis of 2008–2009

The global financial crisis of 2008–2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. The TED spread, an indicator of perceived credit risk in the general economy, spiked up in July 2007, remained volatile for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008. In September 2008, the crisis deepened, as stock markets worldwide crashed and entered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks.

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