Sentences with phrase «because of the financial crisis»

At first the reason for them not investing was because of the financial crisis, and afterwards it was because the markets were not there.
The three million affordable houses promised by Gordon Brown when he came to power need to be reassessed because of the financial crisis, MPs said today.
Fears that the Tesla Roadster electric sports car had hit the skids because of the financial crisis have been eased by its billionaire founder and chief executive, Elon Musk.
Now the true costs have come home to roost because of the financial crisis.
Financial stocks saw their contribution to ROE drop because of the financial crisis.
In many cases, a person struggling to pay credit card debt incurred that debt because of a financial crisis.
There is a risk that because of the financial crisis, people are going to say «yeah, the environment is not that urgent»; it is really urgent.»
VICTORIA — Allowing people to sue for pain and suffering in car accidents has been viewed as a fundamental principle in British Columbia, but that changed Tuesday when the government joined Canada's other provinces in limiting payouts to some crash victims because of a financial crisis at the public insurance corporation.
Burch says that full integration — including an eventual sharing of profits, where possible — has always been the firm's intention from day one, but that progress was slowed because of the financial crisis.
Because of the financial crisis and continuing economic woes throughout the U.S., Americans are moving from high - tax, high cost of living markets to lower cost regions.

Not exact matches

This is because the Great Recession has rewritten the rules of what can happen — and how central banks can respond — during financial crises.
That's because of the massive losses Citi suffered during the financial crisis.
But the talks ultimately fell through, partly because of jitters related to the financial crisis.
«I had some clients whose retirements were saved because of [variable annuity] contracts they purchased before the financial crisis,» said Marc Ruiz, a financial advisor with Oak Partners and a registered rep with SII Investments.
But the crises have started affecting its financial performance because of concerns it will result in heightened regulations, and CBA shares are down about 7 percent so far this year while the broader market is up.
While he has steered very few of his clients toward annuities recently, because of low interest rates and higher prices since the financial crisis, he thinks advisors who ignore all annuity offerings are failing their clients.
Some banks weren't able to lend for a while because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the financial crisis.
LONDON — One of the Bank of England's most senior policymakers has acknowledged that the central bank is unlikely to predict the next financial crisis or even the next recession in the UK because economic models are simply not good enough.
Now, there's not a central bank in the world that wants the gold standard, but they may have to go to it — not because they want to, but because they have to — in order to restore confidence in some sort of future financial crisis.
The PCAOB's Investors Advisory Group supports mandatory audit firm rotation because of concerns about the «coziness» that exists between audit firms and management, noting that «[m] any of the auditors of the large companies involved in the financial crisis... had long running audit relationships.»
EY's report concludes this emphasis on frugality is because Gen Z have matured in the aftermath of the financial crisis and, having seen the recession's effect on their families, are more careful with their money.
The bank's researchers see wealth inequality as largely being a result of the financial crisis — it rose across the world between 2007 and 2016, because financial assets were growing faster than non-financial assets.
Even an intensifying of the ongoing euro - area financial crisis, which could occur, the bank says, because there are signs Europeans are becoming weary of austerity and reforms.
And despite America's spending habits, the greenback is still seen as a safe haven whenever financial crises — including ones caused by Americans — hit because most major countries want to maintain the value of their national reserves, which include dollar - denominated assets.
The Lehman failure was significant because it was the first time in the crisis that losses were incurred by creditors of a major financial institution.
Our findings have important implications for how policymakers should respond to the next financial crisis, which will inevitably occur at some point because crises are an inherent part of our financial system.
The fashionable view at the Federal Reserve and elsewhere when Yellen took office in 2014 was that growth was slow despite very low interest rates because of «headwinds» — transitory factors associated with the financial crisis that would soon recede.
The government can control the speed of defaults and avoid a financial crisis because a lot of lending and borrowing is done by state - owned banks and companies, she says.
This belief is so powerfully embedded in the standard equilibrium models most economists use that, strangely enough, even those of us who described the imbalances in one paragraph and in the very next paragraph insisted that a crisis was unlikely — in China's case because of the government's very high credibility and its role as financial guarantor — were automatically assumed to be predicting an imminent crisis.
The Nobel Prize for these guys turned out to be pretty much of a Booby Prize because the models that were used have led to the biggest financial crisis in history.
China won't succumb to a financial crisis because of its debt.
It's a challenge for Canadians still struggling to cope with the record amounts of consumer debt they amassed after the 2008 financial crisis because lenders use their prime rate as a benchmark for setting some other short - term rates including variable - rate mortgages and lines of credit.
By contrast, India has lost 50 % of its value [of FX reserves] in years 2011 and 2012 as a result of the financial crisis and because of bad financial management.
Despite the fact that all the central banks have been woefully wrong about nearly every single forecast they have made on GDP growth, inflation and labor markets for decades, they enjoy an aura of infallibility which would be the envy of any medieval Pope because they succeeded in doing what governments by themselves were unable to do in 2008 - 9, namely stop and reverse the financial crisis.
It is important to note that the value of real estate did not fall during the financial crisis because it is a volatile (less stable) asset class.
It was a striking question because Mr. Kohn is a former vice chairman of the Fed and was Mr. Bernanke's right - hand man during the financial crisis.
Because in 2007, there was a massive buildup of household, financial sector, and corporate leverage that all had to unwind during the financial crisis.
However, that is not true because the financial crisis has no effect on some lines of the business industry.
Because of the heavy borrowing that led to Greece's financial crisis, running a budget surplus was one of the conditions of the European rescue program in 2010.
Canada sidestepped the worst of the financial crisis because it avoided the real estate excesses of its U.S. neighbour, and a post-recession housing boom helped it recover more quickly than its Group of Seven peers.
That's because regulatory and compliance demands have grown in scope and complexity in the wake of the financial crisis.
This carries particular resonance today because of how abnormally long the current market cycle has become: Despite the recent sell - off, the S&P 500 Index hasn't seen a bear market since the financial crisis ended more than nine years ago.
«If a pastor suggests that the financial crisis happened because of a few greedy corporate titans and some Wall Street traders, that's a sure sign that he doesn't understand the crisis,» he said.
ATTAC, for example, only exists because a certain number of people and «Le Monde Diplomatique» which was the initiator, said that, in the face of the economic, political and financial crisis, it was essential to take things in hand.
The Asian financial crisis of 1998 happened because the law ignored bankruptcy issues, which was caused by investors pulling out funds from inaccurate speculation.
Deluded manager plus greedy board has created a crisis at arsenal with third rate players being paid first rate wages to keep them loyal and drugged up fans like yourself overdosing on 4th place high... True fans want change when they see the club going in wrong direction not a string of drug crazed platitudes from tribal loyalists who are so deluded themselves that they actually believe the blame for the crisis lies with the people who have been pointing to its causes... Do you think financial crises only happen because people start warning about overlevaraged banks, the speculative and fraudulent behaviour of their overpaid employees and the indulgence of their massively overpaid senior management... Pathetic comment
Because Labour happened to be in government when the financial crash hit, the Tories were able to effectively blame the crisis on the main point of difference between the parties: Labour's higher spending on the welfare state.
Mr. Cohn - Bendit began the debate by characterizing the current climate as «a turning point in European history, because the European Union is confronted with one of its most serious crises, caused by the financial crisis».
Unfortunately, unlike Mrs Thatcher, the French are more hostile and anxious of change than the British and the climate of opinion, because of the onslaught of the financial crisis and the crisis of neo-liberal capitalism, was not with the French Right.
Steve Keen, along with Nouriel Rubini as a non neoliberal economist states, «The first thing that the global financial crisis should therefore do to economics is to galvanise student protest about the lack of debate within academic economics itself, because dissident academic economists will be unable to shift the tuition of economics themselves without massive pressure from the student body».
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