Sentences with phrase «global credit crunch»

One problem Mr. Carney faces is that in the current global credit crunch, financial market interest rates are volatile so there's no assurance Canadian banks will pass along the full Bank of Canada rate cuts by reducing their prime lending rate by the same amount.

Only after the dreadful global credit crunch of 2007 to 2009 had devastated credit availability and forced both lenders and borrowers to change dramatically their easy borrowing and lending practices did this declining savings rate trend reverse.

Other concerns centred on borrowing, with 58 % of the respondents saying it will be more difficult this year as a result of the global credit crunch.

Since the collapse of Lehman Brothers — which signalled the start of the global credit crunch — mainstream prices in Austria have risen 34.7 %, the highest level of price growth in all of Europe.

Many of these soured because Moinian financed them with borrowing, which became harder to get or to roll over during the global credit crunch.

This situation is beginning to worsen, as production costs for coffee farmers around the world are rising due to the skyrocking costs of petroleum - based fertilizers, and the global credit crunch.

But the planned week - long assault sputtered out after a single signed article by Miliband in the Times, on 6 January 2011, which accused the Tories of deceit, citing «evidence from around the world» to argue that «a global credit crunch caused deficits to rise on every continent».

The Liberal Democrats have warned a cash injection by five central banks will not ease the global credit crunch.

European leaders have gathered in London to discuss how best to combat the global credit crunch.

He said: «With the global credit crunch worsening, and conditions getting tougher for all house builders, it is time to recognise that the very commendable 2020 target is now almost impossible.

He said: «Because we have got a global credit crunch, because we have got problems that have come out of America and are affecting Britain, we need to do everything in our power to help mortgage holders, to help businesses, to help first - time buyers, to help families.

He pledged «unbending determination» in maintaining low inflation and interest rates despite the global credit crunch, many analysts» predictions of a sustained economic slowdown in the coming 12 months.

If large US banks were to fail it would create a domino effect which would spiral into a global credit crunch.

But after the global credit crunch, cottages and lake - front home prices plunged as much as 60 %.

While Canadian banks are being dragged down by worries over the global credit crunch, and oil companies have tumbled because of falling oil prices, all these companies should be fine in the long run.

Part of the reason was the global credit crunch that came after the 2008 U.S. housing crash.

Since the global credit crunch began in 2008, the returns on traditional investment vehicles have plummeted.

«A Hong Kong gallery is taking an upbeat attitude by presenting major names in its exhibitions -LSB-...] Even as galleries along the city's arts and antiques hub, Hollywood Road axe show and offer fewer high - priced works to tide over the global credit crunch, Sundaram Tagore continues to showcase major pieces by the artists it represents.»

While activity in 2007 boomed, the first quarter of 2008 was subdued, in line with the global credit crunch.

For instance, the US cut emissions nearly 7 per cent in 2009 as a combined result of a shift from coal to gas - fired power and the impact of the global credit crunch.

Pummeled by outside economic disasters such as the global credit crunch of 1998, over-primed by a hoard of conduits, pinpricked by rising interest rates and abandoned by former high - flyers like Nomura, the CMBS market has begun to resemble a post-fight boxing champ, bruised and battered but still standing.

They paid attention during the global credit crunch that may have affected their older siblings or parents.