Global Credit Crisis on UK Northern Rock Bank
The lingering effects of the Great Recession of 2008 still remain, but most authorities appear to agree that the corner has been turned and global economic recovery is well underway. The cause of the Gr Continue Reading...
While it was generally agreed that the increase in prices was due mainly to an insufficient offer as the stock house was limited, opinions have also been forwarded according to which the buy-to-let purchases have contributed to the inflation of the Continue Reading...
Global financial Crisis (GFC)
The present Global Financial Crisis (GFC) has been considered by the financial experts and economists as the worst financial crisis apart from 1930s Great Depression. The GFC led to the collapse of large financial insti Continue Reading...
The banks repackaged their risks "into complex financial products and sold these to other financial institutions.
April 2007 witnessed the collapse of sub-prime lender New Century Financial and this collapse was only the first of many casualties. T Continue Reading...
292).
The Depression of 1893
Following hard on the heels of the depression that had taken place just two decades previously, the precise causes for this economic downturn remain unclear. In this regard, Steeples and Whitten (1998) advise, "There i Continue Reading...
The source of the current crisis can be traced to 1998 when an initial agreement was reached on a plan of action and policy guidelines to establish the Nile Basin Initiative at the 2nd Nile Technical Advisory Committee meeting held in Arusha. A few Continue Reading...
.." The Federal Reserve continues to keep a watch on both "current and potential exposures..." And are in the process of a review of the collateral valuation methods of the banking industry." (Kohn, 2008)
Kohn states that disruptions in liquidity in Continue Reading...
Some Chinese researchers assert that Chinese flutes may have evolved from of Indian provenance.
In fact, the kind of side-blown, or transverse, flutes musicians play in Southeast Asia have also been discovered in Africa, India, Saudi Arabia, and C Continue Reading...
Terrorism Affects the International Tourism Industry
There is an undeniable relationship between terrorism and tourism. This is because of the industry power tourist sites are attractive avenues for terrorists to cause unprecedented magnitudes of e Continue Reading...
Territorial Expansion
How did the U.S. acquire the territory in question?
On the auspicious date of April 30, 1803, the United States of America bought eight hundred and twenty eight thousand square miles worth of land from the French government of Continue Reading...
Brazil
Early History and Discover
Current artifacts, including cave paintings, suggest that human beings inhabited Brazil more than 300,000 years ago. European explorers found only a small indigenous population when they arrived in the land, but ar Continue Reading...