Sentences with phrase «global financial crisis hit»

However, by the time the global financial crisis hit in 2008 and 2009, AIG was struggling, and the U.S. government stepped in to support the company.

When the global financial crisis hit in the fall of 2008 and the Canadian and American equity markets fell by more than 35 %, Manulife was badly overexposed.

That is what has happen to me back to 2009 when the global financial crisis hit the UK, as I nearly lost my house but lucky my brother willing to assist me through the hard time.

That's what happened after the 2008 global financial crisis hit.

The properties were bought with borrowed money and the mortgage scheme collapsed when the global financial crisis hit.

Momentum, for example, was the top - performing factor in 2007 when equity markets were strong, but it was the worst performer in 2008 when the global financial crisis hit.3 These swings in performance can be unsettling to many investors, causing them to sell and potentially miss out on rebounding performance.

Then the global financial crisis hit.

Like many carriers, both China Eastern and Shanghai Airlines reported losses last year and were already facing troubles before the worst repercussions of the global financial crisis hit China's economy.

By the time the global financial crisis hit in 2008, the foundation had 20 percent of its portfolio in microfinance and other impact - driven debt and equity vehicles.

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.

Not exact matches

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.

Retail blowouts are hitting the headlines, but many of the problems date from before the global financial crisis.

Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit.

Amazon Editorial reviewsProduct Description Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit.

It is impossible to say when the next financial crisis or bear market will hit global markets, but when it does, there will probably be a lot of questions that concern the real value of debt.

Then, the financial crisis of 2007 - 2008 hit the global markets and the yen ascended in relation to most other currencies, with the Swiss franc being one notable exception.

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.

Entering 2009, Portugal was strongly hit by the effects of the financial crisis that was shaking the global economy, and, therefore, the country entered in a recession.

[1] The threat of a leadership contest receded due to his perceived strong handling of the global financial crisis in October, but his popularity hit an all - time low and his position became increasingly untenable after the May 2009 expenses scandal and Labour's poor results in the 2009 Local and European elections.

The auto industry's confidence hit another bump with the International Monetary Fund's warning Oct. 9 that the global economy is skidding toward another downturn that will be more complex than the 2008 - 2009 financial crisis.

Despite fears that the global financial crisis would hit business, most gallery owners said sales were brisk.

After a short dip in 2009 due to the global financial crisis, emissions from fossil fuels rebounded in 2010 and have since grown 2.6 percent each year, hitting an all - time high of 9.7 billion tons of carbon in 2012.

Everybody recalls the global financial crisis and economic storm that first hit America and then the rest of the world in 2008.

2 - barring a major and unexpected global financial crisis (hint: Brexit is not it), any downturn that hits us in the next 1 - 3 years will be primarily tech driven.