global financial crisis

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• Global financial crisis — (2008–2009)    The most serious financial downturn since the Great Depression, the global financial crisis began as a result of weakness in the United States’ housing market, but quickly spread to world financial markets. As the economies of the… …   Historical Dictionary of the Russian Federation

• Global financial crisis of September–October 2008 — The global financial crisis of September–October 2008 is a developing financial crisis which emerged the week of September 14, 2008. Beginning with failures of large financial institutions in the United States, it rapidly evolved into a global… …   Wikipedia

• global financial crisis — noun a financial crisis affecting economies around the world, especially the crisis triggered by the collapse of the subprime market in the US in 2008. Abbrev.: GFC …  

• Financial crisis — For the 2008–2010 crisis, see Subprime mortgage crisis , Late 2000s financial crisis and Late 2000s recession. Economics …   Wikipedia

• Financial crisis of 2007–2008 — The financial crisis of 2007–2008, referred to in the media as the credit crunch or the credit crisis , first became apparent on August 9, 2007, when a loss of confidence by investors in the value of securitized mortgages in the United States… …   Wikipedia

• Financial Crisis of 2008 — ▪ 2009 Introduction by Joel Havemann       In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky high home prices in the United States finally turned… …   Universalium

• Global financial system — The global financial system (GFS) is a financial system consisting of institutions and regulations that act on the international level, as opposed to those that act on a national or regional level. The main players are the global institutions,… …   Wikipedia

• Late-2000s financial crisis — The TED spread (in red) increased significantly during the financial crisis, reflecting an increase in perceived credit risk …   Wikipedia

• Asian Financial Crisis — Also called the Asian Contagion , this was a series of currency devaluations and other events that spread through many Asian markets beginning in the summer of 1997. The currency markets first failed in Thailand as the result of the government s… …   Investment dictionary

• 1997 Asian Financial Crisis — The Asian Financial Crisis was a period of financial crisis that gripped much of Asia beginning in July 1997, and raised fears of a worldwide economic meltdown (financial contagion). It is also commonly referred to as the IMF crisis. Overview The …   Wikipedia

• 2008 Icelandic financial crisis — The 2008 Icelandic financial crisis involves all three of the major banks in Iceland and their control has been seized by the government. In late September, it was announced that Glitnir would be nationalised. The following week, the control of… …   Wikipedia