Sentences with phrase «financial global crisis»

Not exact matches

Were China's troubles to spark a new global financial crisis, the effects would be still worse.

«In the financial industry, there's been a lot of debate, post — financial crisis, around different approaches to risk and gender difference,» says Brenda Trenowden, global head of funds at ANZ Banking Group in London and a member of the steering committee of the 30 % Club, which works to get more women on corporate boards.

Geithner, who served under President Barack Obama as secretary of the treasury as the U.S. struggled to rebound from the global financial crisis, said the current political climate could lead to a «diminished capacity to make sensible economic choices.»

However, the data also shows the situation has actually worsened in the years after the global financial crisis.

«After a strong rebound in the immediate aftermath of the global financial crisis, the pace of activity in the emerging markets has faded,» says Stephen King, HSBC's chief economist in the report.

When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»

Wall St villains now saviours Wall Street fund managers - the very people blamed for the sub prime crisis that sparked the global economic meltdown - will be given an almost free ride to buy $ US1 trillion worth of toxic assets crippling the financial system.

Expanded Gorgon cost to hit $ 50bn, Barnett claims The cost of the massive Gorgon liquefied natural gas venture is thought to have ballooned to as much as $ US32 billion ($ 50 billion) after Premier Colin Barnett yesterday labelled it one of the key projects that could help WA weather the global financial crisis.

Lane talked of Canada's need to restore its place in global supply chains after the Great Recession and how a stronger currency «battered» exporters after the financial crisis.

The global economy is set for one of its best years since the financial crisis, but recession risks are increasing, said UBS Chairman Axel Weber.

Around 150 employees of national kitchen and laundry appliance retailer Kleenmaid Group face an uncertain future as administrators are appointed to the company after the global financial crisis hits sales and margins.

Though America navigated the post-2008 global financial crisis era better than many nations, our stagnant employment market is a sign of our enduring problems.

Gold demand slumped to its weakest first quarter since the global financial crisis, the World Gold Council said Thursday.

Investors remain very wary after the global financial crisis, the CEO of a mammoth asset manager said Tuesday.

Shirakawa's doubts kept the BOJ firmly focused on interest rates, rather than the size of its balance sheet, even after it had driven its policy rate down close to zero after the global financial crisis.

The unrelenting global financial press compared the unusually extreme trading volatility to every terrible episode in modern financial history — the Asian financial crisis in the mid-1990s, the Black Monday of 1987, and the Black Monday of 1929.

Indeed, little of substance about our vast, interconnected, highly leveraged, nontransparent, global financial system has changed since the crisis (see «Are We Ready for the Next Meltdown?

This has been a major feature of the market post the global financial crisis.

«When house prices declined, ushering in the global financial crisis, many households saw their wealth shrink relative to their debt,» its authors observed, «and with less income and more unemployment, found it harder to meet mortgage payments.»

The IMF predicts the global economy will expand 3.5 % in 2015 — about the same as last year, but dramatically slower than the 5 % rates that preceded the financial crisis.

Government data shows the number of migrant workers rose 0.4 % in 2015, the weakest increase since the global financial crisis in 2009.

«Retail clients, who don't fully understand these products should be protected from going into these products, because if there is a retail client affected in the future, the question will be again who was the bank that sold them these products and then banks will be blamed again for what has happened,» Weber said in reference to some banks being criticized for selling complicated financial products prior to the global financial crisis without explaining them in full.

The BoJ has been the least expansionary of major central banks since the 2007 - 2008 global financial crisis, Evans said, adding that its planned balance - sheet increase this year pales by comparison with the $ 1 trillion of assets that the U.S. Federal Reserve is slated to purchase.

In 2010, in the wake of the financial crisis, the Fed and its global counterparts signed the so - called «Basel III» accords, under which all countries agreed to raise the minimum level of capital banks must hold to 8 % of their risk - adjusted assets.

The household name had logged four consecutive years of consolidated net losses, punished by the global financial crisis in 2008 and losses in its consumer product divisions such as the flat - panel TV units.

So both are paradoxically true: rising inequality is indeed a crisis of Neoliberal Global State Capitalism, and so is the rise of the supposed «solution,» the insatiable plundering State in service to its fiefdoms and private Financial Power Elites (the Plutocracy).

Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.

Sales had been sliding for several years before plunging off a precipice as the financial crisis deepened into a global recession in 2009.

The Fed has been a target of some conservative critics in the U.S. Congress, who say the bank risked sparking inflation with its easy monetary policies in response to the global financial crisis.

The bank said the «vast majority» of its clients remained supportive, but the situation still drew comparisons to the 2008 failure of Lehman and the resulting global financial crisis.

Faced with a global financial crisis, engineering and construction firm Hatch revolutionized its business without losing focus on its people

Secondly, he noted «the root causes of the global crisis have not been prop ¬ erly tackled» with the financial system remaining «the Achilles heel of the world economy» and thirdly, «little progress is being made in reducing working poverty and vulnerable forms of employment such as informal jobs and undeclared work.»

«True, there are encouraging signs of economic recovery in those advanced economies most affected by the global financial crisis which erupted in 2008... [but] the report finds that those economic improvements will not be sufficient to absorb the major labor market imbalances that built up in recent years.»

BRF, formed after Perdigao SA acquired larger rival Sadia SA in 2009 amid fallout from the global financial crisis, is Brazil's biggest foodmaker, producing everything from fresh chicken to frozen lasagna.

The bureau was created as part of the Dodd - Frank law enacted in response to the global financial crisis.

We do not have a global financial crisis on our hands.

«The global economy may not be just suffering through a hangover from the financial crisis,» he said in a speech to the Halifax Chamber of Commerce.

In Washington, a meeting of G20 finance ministers opened its doors to the media and paid tribute to Flaherty, considered a dean among global treasurers after the 2008 - 09 financial crisis rocked world economies.

«Confidence» was the theme of Poloz's opening statement before the House of Commons Finance Committee, which identified a need to restore the faith of Canadians in pursuing business opportunities following the shake - up of the global financial crisis.

Kelly engineered a huge merger with a rival bank, and then had to deal with fallout from the global financial crisis.

That would be the biggest ever buyback for Citi, surpassing a $ 15 billion buyback announced in 2005 before the financial crisis, according to Richard Peterson of S&P Global Market Intelligence.

Poloz said they can explain about half the miss through the combination of weaker U.S. demand and the general slowing of global trade since the financial crisis.

It was the first time the portfolio had declined since 2009, which was during the global financial crisis.

It was his own investments in private businesses that Lee - Chin says helped him weather the global financial crisis.

The global financial crisis initially slammed the brakes on the nation's economic expansion, wiping out about 20 million export - related jobs — this in a country where anything under 8 % growth is generally considered to be too slow for social comfort.

And while emerging markets have driven global growth since the financial crisis, China now faces a slowdown, and confidence in India's economy is on the wane.

GIC, one of the first sovereign funds to invest in Western banks during the global financial crisis, retains the other major investment made at the time, a stake in Citigroup which is profitable at current prices.

Having put off the building of the hotel complex for a number of years after the global financial crisis, construction of the 307 - room DreamMore, which will be is next door to Dollywood, started over two years ago.

Two years ago, when Greater Vancouver houses were selling for an average of just $ 1 million, Porter dismissed talk of a Canadian housing bubble by declaring that ««bubble» is perhaps the most overused word since the global financial crisis.»

During the 2008 - 09 slide, it was the other way around; then, as soon as the global financial crisis was contained and energy traders could see the level at which global demand would bottom out, the price trend reversed itself.