Sentences with phrase «global economic turmoil as»

Not exact matches

The BoC's decision has been the subject of much debate — recent low interest rates were intended as an economic stimulus coming out of last year's recession, and some economists have been arguing that rates should stay low for the time being as a measure of protection against global market turmoil.

Comparing current global conditions to the turmoil that followed each of the World Wars, he has said the international exhibition is a response to economic, political and social crises, including «a humanitarian catastrophe on the high seas, deserts, and borderlands, as immigrants, refugees, and desperate peoples seek refuge in seemingly calmer and prosperous lands,» and the uncertainty and insecurity that accompanies such desperate disorder.

In July, BNEF projected that «electric cars will outsell fossil fuel - powered vehicles within two decades as battery prices plunge, turning the global auto industry upside down and signaling economic turmoil for oil - exporting countries.»