Sentences with phrase «global banking crisis»

«Mr Speaker, I think the leader of the opposition doesn't understand one thing: This is an unprecedented global banking crisis.

And if a European country does default on its bonds, creating a global banking crisis, U.S. shares could take a sizable hit — at least temporarily.

They worry that another global banking crisis like the one in 2008 - 2009 could put any savings held in a bank in jeopardy.

Iceland's Prime Minister Geir Haarde warned on Tuesday that his country was facing a risk of «national bankruptcy» as the global banking crisis threatened to overwhelm the island nation.

Thus a succession of Tory ministers were allowed to describe the global banking crisis as «Labour's recession» and to refer (as Jeremy Hunt did) to the economy contracting.

It has now got ridiculous: with Andy Burnham, while arguing for «balanced and sustainable public finances», considering it necessary to reassure us that «Labour spending on education and the health service didn't cause the global banking crisis».

While this was a global banking crisis without precedent, we were hit especially hard because we have one of the most open economies in the world; with a financial services sector that had grown too big for the UK economy carrying liabilities that were around five times the size of it; UK citizens were privately indebted to the tune of 1.4 trillion pounds — among the highest in the developed world; and we had a housing market that went from spectacular boom to bust.

They worry that another global banking crisis like the one in 2008 - 2009 could put any savings held in a bank in jeopardy.

«This work originates from dozens of homes that were suddenly abandoned in the late 2000's, the result of the global banking crisis... Wandering through these interiors is akin to hiking in a forest with fallen, decaying trees.

The 2008 crash was a global banking crisis, which started in the US and spread to Europe and other western economies.

Actually, one of the reasons behind the crisis in the maritime sector is the global banking crisis.

While confidence in real estate declined during the global banking crisis and recession, real estate is now ranked as the top investment choice or tied for the top choice with all major gender, age and income groups.