Sentences with phrase «country into crisis»

Prophet Kobi mentioned that the leaders have done Ghanaians no good in choosing Nov 7 because it will only lead the country into crises.

Not exact matches

The chicken producer plunged into crisis Monday after police said BRF executives conspired with laboratories to falsify test results and cover up a salmonella outbreak, the latest fallout from a food - safety investigation that threw the country's meat industry into disarray last year.

The causes of the crisis that nearly killed Bilinkis's company were many: a patronage system, started by Juan and Eva Perón in the 1950s, that grew into a bloated government bureaucracy; a corrupt privatization of government services that sold off some of the country's most valuable assets at fire - sale prices; and a reactionary monetary policy that exacerbated both of these problems.

Apart from a few brilliant authors and composers, not much good has ever come out of Russia; and unless there is a sharp improvement in the outlook for that country it could drag the rest of the world, including Australia, into a crisis to rival that of 2008.

In retrospect, the Mulroney government was simply reluctant to take the fiscal actions needed to stop the country from going into a fiscal crisis in the early 1990s.

This plunged England and other countries into economic crises of their own.

After all, as the US amply proved in the 19th Century, even countries in which additional investment is economically justified can still run into debt problems and even crises.

All the major economic agents begin to behave in ways that worsen the debt crisis until finally the country slides into default.

The euro area's crisis has sparked «flight to safety» capital flows into Norway's highly - desirable investment assets, pushing the Krone currency to undesirable export - harming heights and forcing the country's central bank to cut interest rates to stem the inflow.

Japan's imploding stock bubble also popped the country's real estate bubble, creating zaitech - in - reverse and throwing the country into a deep financial crisis and halting the three - decade old «Economic Miracle» in its tracks.

The origins of the crisis lay in our inability to cope with the consequences of the entry into the world trading system of countries such as China, India, and the former Soviet empire — in a word, globalisation.

Should Greek voters reject the austerity plan, it could lead to a messy default on the country's debt that would likely cause massive losses for banks that hold Greek bonds - and possibly spark a wider financial crisis that could send Europe into recession.

We have seen promising structural reforms from some of the countries that had gotten into trouble during the sovereign debt crisis that started in 2009, and equally encouraging restructuring initiatives at the corporate level.

The Asian crisis that sent the Emerging Countries into a tailspin and collapsing stock markets over the 1997 - 99 period may have been due to a liquidity shortage as the US deficit pushed towards closer balance starting in 1993 and reaching an apex in 1996 with world output (excluding US) for three years between 1994 and 1997 was 3 %, but as the US fiscal stimulus from our trade deficits declined over those years, and without alternatives to replace the extra liquidity, raw material prices growth collapsed and world output slowed dramatically from 3 % to 1 %, and 2 % in the following year.

So, we see a major financial and economic crisis beginning with deflation in a certain number of countries such as Japan, which had major effects on countries such as South Korea and Brazil, and also on developed countries where all the countries of the North and South are starting to move into recession.

The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.

But, in many circles, the refugee crisis and the displacement of millions of people from predominantly Muslim countries has challenged the way Christians put the Bible's call into practice.

Even though large numbers of voters vaguely suspect that the failings of the political system itself led the country into its current crisis, most evidently expect the system to perform a course correction more or less automatically.

Honduras sank deeper into Central America's worst political crisis in years on Sept. 21, when deposed president Manuel Zelaya (run off by a coup on June 28) sneaked back into the country and took refuge in the Brazilian embassy.

Though essentially localised, the political alliances between the active players in those crisis - ridden sections of the country and the men at the federal level inevitably translated the crisis into a national crisis.

At domestic level the democratic crisis evolved instead into a political crisis which translated into the appointment of technical governments in countries such as Italy and Greece, and in the rise or strengthening of nationalistic and eurosceptic movements in several EU Member States.

She challenged the current administration to fix the crisis in the energy sector to stop pushing the flight of industries into neighbouring countries.

Government must inject a further # 1Bn a year into local highway maintenance or risk an ever worsening «roads crisis» throughout the country, councils warned this week.

Inaugurated in 1999 as a meeting of finance ministers from developed countries and emerging economies, the G20 has turned into a top - level summit coordinating the global response to the financial crisis after the collapse of Lehman Brothers in 2008.

Odinga's claims of rigging after defeat in the 2007 elections prompted rioting and retaliation by security forces, which tipped the country into its worst crisis for decades.

It is largely accepted that these programs lead to systemic macroeconomic instability across the continent and that these policies drove countries of the global south into «debt crisis, austerity, decline and conflict» (Bond) and «acute material scarcity» (Mbembe).

Trump's embrace of the country's racially charged past has thrown the Republican Party into crisis, dividing his core supporters who have urged him on from the political leaders who fear that he is leading them down a perilous and shortsighted path.

Kabiru Marafa, Senator from Zamfara State on Thursday urged President Muhammadu Buhari to wade into the crisis trailing the congresses of the All Progressives Congress, APC, across the country.

«These challenges if not properly managed at the pace we are going, coupled with inflammatory and inciting statements will tear this country apart and drag us into an unending crisis.

He said political transitions in Africa must be properly managed to safeguard countries from slipping into crises that slow down economic growth, and throw citizens into avoidable hardships.

The President said the political challenges faced in some African countries, like South Sudan, usually spiralled into neighbouring countries, leaving the entire continent more vulnerable and forcing governments to channel meagre resources into fighting internal crisis.

At that time, the economy was sliding into recession; the Boko Haram insurgent group was carrying out deadly attacks, contrary to Buhari's promise of defeating the sect within a few months of coming into power, and the President was junketing around the world amidst the crises in the country.

He said this as he rejected claims from the opposition NPP that his government is plunging the country into an economic crisis with excessive borrowing.

Speaking at a press conference organised by the Diaspora Togo — Ghana solidarity movement, Bernard Mornah said government's silence on the crisis, coupled with the large number of Togolese coming into the country could lead to xenophobic attacks in Ghana.

The ongoing political crisis in the West African country has led to a massive influx of Togolese refugees into Ghana.

And most of all, Putin rebuilt a country in severe crisis into a feared world superpower.

The PDP candidate said it was appalling that a President, who should be apologizing to Ekiti people and the entire Nigerians for plunging the country into economic and security crises was the one talking about returning Ekiti into the fold of progressive states.

Travelers were stranded around the world, protests escalated in the United States and anxiety rose within President Trump's party yesterday as his order closing the nation to refugees and people from seven predominantly Muslim countries provoked a crisis just days into his administration.

Attorneys general from 41 states across the country are working together on a comprehensive investigation into the opioid crisis.

The governor of the Bank of England also used his speech in the Black Country to warn countries against retreating into protectionism, saying that might precipitate another crisis in the same mould as the Great Depression.

And as this country enters into an existential crisis they will run away like Evan Bayh did the other day in Indiana.

The Supreme Knight of the Order, Sir Diamond Ovueraye, in a statement, yesterday, in Abuja lamented that if the federal government does not move swiftly to end the killings, it could degenerate into a serious crisis capable of tearing the country apart.

The subprime mortgage crisis helped launch the country into a deep recession between late 2007 and June 2009.

To prevent this agricultural crisis, Nelson estimates, would require an investment of at least $ 7 billion per year in the most affected countries in Asia, Africa and Latin America for increased agricultural research into, for example, drought - resistant crop varieties.

The group hopes to put into place mechanisms so that the country can better manage future crises.

Late last year, a water crisis sent Flint, Michigan, into a state of emergency and showed the rest of the country the importance of clean, regulated water sources.

As he settles into his new life, the country is experiencing its own turmoil: an oil embargo has led to martial law and civil war, with the government being led by a man with Fascist ambitions who uses the energy crisis, violent street demonstrations, and a mass shooting to give himself new dictatorial powers and establish a force of Special Police.

And immediately, there's a new crisis: A British career criminal, Klaue (Andy Serkis), has teamed up with an Oakland - born man, Erik Killmonger (Michael B. Jordan), to use the small amount of Vibranium they've been able to salvage in order to power their way into Wakanda and take the country over.

The two threats, economic and environmental, tend to produce a real crisis of humanity that makes becomes an imperative the construction around the world of a new society different from the current that act interdependently with common goals and rational in every country and on a global scale without which it may be put into question the survival of humans and life on Earth.

And as a country, «acknowledging the crisis would mean we have to look deeper into our role and that would be uncomfortable.