Selected from over 4,000 artworks, the 100 artists included in this publication look at a range of subject matter,
from global financial systems to technology that replicates nature, creating a new vocabulary for life in the 21st century.
The Western -
dominated global financial system relies on a slew of internationally agreed - upon rules, norms and institutions that let countries trade and invest in each other.
With Federal officials testifying to Congress last November that despite its darker uses, the online currency has real - life benefits for
lubricating global financial systems, the future appears bright for Bitcoin — and the companies Draper plans to build up around it.
Our highly interconnected, hugely leveraged, and largely
deregulated global financial system delivered a piece of the collapsing U.S. subprime mortgage market to virtually every bank in the world, just like it is about to do with a Greek default.
The Middle East is in turmoil and the resulting spike in oil prices has tipped an already
fragile global financial system into a lengthy period of recession.
«Without these speedy and forceful actions... more major financial firms would have failed, and the
entire global financial system would have been at serious risk,» he says.
This would create a shock throughout
the global financial system.
For the eight U.S. banks that are large and considered important to
the global financial system the new buffer calculation «would result in a significant aggregate increase in capital requirements,» Yellen said.
Today, five years after the fall, they are a subtle reminder of the risk and uncertainty that still weave through
the global financial system.
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?
Add in constant coverage of economic woes by financial journalists (who Fink says make a living by «promoting chaos and promoting short - termism»), and you can understand why there is mass hysteria among investors despite the fact that
the global financial system is more stable than it was back in 2008 and» 09.
That, he says, is because Macau was traditionally one of the few locations where the Pyongyang government has managed to maintain covert bank accounts and interact with
the global financial system.
But the downturn in the 1980s was caused by the sudden and massive increase in interest rates by the Paul Volcker - led Federal Reserve, not a meltdown of
the global financial system.
«The sad experience of the past few years shows that there is ample scope to improve the efficiency and resilience of
the global financial system.»
We are not just talking about a relatively small Belgian bank, we are talking about the largest banks in the world, the largest banks in Germany, the largest banks in France, that will spread to the United Kingdom, it will spread everywhere because
the global financial system is so interconnected.
The World Explained in Maps reveals the panorama of geopolitical landscapes influencing today's governments and
global financial systems.
Though still a tiny component of
the global financial system — Islamic finance accounts for roughly 0.5 % of the world's financial assets, representing some US$ 850 billion — its proponents claim it's the fastest - growing sector of that system.
It is perhaps a good time to remember the confident chorus that insisted America's mortgage crisis would be contained just before it almost brought down
the global financial system.
Plus, for the same reason Bitcoin is so popular among people looking to circumvent government control of currency, starting a digital currency might seem attractive to any government that doesn't like how it's being treated by
the global financial system.
But Gordon insists that Canada's exposure to
the global financial system, our foreign currency holdings, our governments» spending and our household debt will combine to ensure our monetary system will unravel as well.
Billed as A Night with the Bears, the event featured gloomy forecasts by market watchers imported by Sprott to warn his clients about the shaky state of
the global financial system.
Sources close to the matter said Glencore will comply with the sanctions, which effectively cut off access to
the global financial system.
The extent of the impact shows the power the United States exerts over
the global financial system through the dollar clearing process.
The digital currency movement achieved liftoff at a moment when
the global financial system appeared to be on the verge of collapse.
This continued methane release could completely undermine
the global financial system, the researchers said in commentary published today, July 24, in the journal Nature.
Diamond resigned after his firm admitted to serially fudging submissions used to calculate the London Interbank Offered Rate (LIBOR), a key interest - rate benchmark of
the global financial system.
In fact, this kind of negotiated tax increase might be a far preferable outcome for the world's savers, investors and high - income earners than the increasingly likely alternative: persistent uncertainty over
the global financial system or the consummation of that uncertainty in an asset - value - destroying economic downturn.
We believe cryptocurrency can greatly impact the ability of individuals to participate in
the global financial system and we're excited to learn more here.»
«The meltdown of
our global financial system was a direct result of inadequate checks and balances,» says Adam Lowry, co-founder and chief global sustainability officer of Method, which makes chemical - free household products.
Worried about
the global financial system, many companies are hoarding cash rather than investing.
Many books have already been written about the structural problems which were the foundation for a near collapse of
the global financial system.
The tectonic plates of
the global financial system are shifting.
Description: The April 2014 Global Financial Stability Report (GFSR) assesses the challenging transitions that
the global financial system is currently undergoing on the path to greater stability.
None of these steps in isolation will save the bitcoin system; but together, they may solidify it as viable and trustworthy enough to be one part of
the global financial system, instead of languishing on the fringes.
Description: The October 2013 Global Financial Stability (GFSR) Report examines current risks facing
the global financial system as it undergoes a series of transitions along the path toward greater financial stability.
The October 2013 Global Financial Stability (GFSR) Report examines current risks facing
the global financial system as it undergoes a series of transitions along the path toward greater financial stability.
The April 2014 Global Financial Stability Report (GFSR) assesses the challenging transitions that
the global financial system is currently undergoing on the path to greater stability.
The Global Financial Stability Report provides an assessment of
the global financial system and markets, and addresses emerging market financing in a global context.
The October 2017 Global Financial Stability Report (GFSR) finds that
the global financial system continues to strengthen in response to extraordinary policy support, regulatory enhancements, and the cyclical upturn in growth.
Phrases with «global financial system»