Financial-crisis Sentence Examples
Instead of facing the difficulties, the president preferred to put off the day of reckoning by flooding the country with inconvertible notes, with the result that the financial crisis became more and more aggravated.
The amount of capital which parliament authorized railway companies to raise was about 42 millions on the average of the two years 1842-1843, 174 millions in 1844, 60 millions in 1845, and 132 millions in 1846, though this last sum was less than a quarter of the capital proposed in the schemes submitted to the Board of Trade; and the wild speculation which occurred in railway shares in 1845 contributed largely to the financial crisis of 1847.
In 1769 he wrote his Memoire sur les prrts a interet, on the occasion of a scandalous financial crisis at Angouleme, the peculiar interest of which is that in it the question of lending money at interest was for the first time treated scientifically, and not merely from the ecclesiastical point of view.
Shortly before starting for the Russian expedition Napoleon vainly tried to reassure the merchants and financiers of France then face to face with a sharp financial crisis.
In May 1879 the misgovernment of Ismail Pasha and the resulting financial crisis rendered the deposition of the khedive inevitable; in order to anticipate the action of England and France, who would otherwise have expelled the erring viceroy, the sultan deposed him himself; the succession devolved upon his son Mahommed Tewfik Pasha.
He continued successfully in the management of this business through a financial crisis incident to a wildly speculative time, until in the spring of 1857 the house, by his advice, withdrew from Californian affairs.
In 1818 he saved Paris from a financial crisis by buying a large amount of stock, but next year, in consequence of his heated defence of the liberty of the press and the electoral law of 1867, the governorship of the Bank was taken from him.
Cleveland had written a letter for publication before he became president, saying that a financial crisis of great severity must result if this coinage were continued, and expressing the hope that Congress would speedily put an end to it.
The financial crisis of that year caused an increase, which continued until the imminence of the Civil War, when it rose from 65 millions in 186o to 91 millions in 1861, to 514 in 1862, to 1120 in 1863, to 1816 in 1864, to 2681 in June, and its maximum (2846 millions) in August 1865.
It saddled Belgium with a portion of Holland's debt, and a severe financial crisis followed.Advertisement
In the last half of 1920 the great fall in prices, at a time when the administration had placed heavy export duties on cotton, tea and tobacco, caused a financial crisis.
In 1877 a financial crisis occurred, met by the emission of paper money, but the depression was only temporary, and the country soon rallied from the effects.
The cry of an acute financial crisis emanating from the fear of war with Argentina was now raised in Chile.
It came into existence after the financial crisis of 1837.
In 1893 a financial crisis resulted in the suspension of ten banks; but with two exceptions they were reconstructed, and by the following year the effects of the depression had passed away.Advertisement
The Conservatives were united in wishing to meet the financial crisis by a moderate reduction of expenditure and a large increase of taxation, while the Liberal opposition advocated the permanent reduction of the annual expenditure of £800,000, which would necessitate the raising of £200,000 only by fresh taxation.
The depression was accentuated by the financial crisis in America, which affected adversely the wool trade, and in a more marked degree the diamond trade, leading to the partial stoppage of the Kimberley mines.
In spite, however, of the improvement in trade that ultimately resulted from these measures, there was great depression; in 1825 there was a financial crisis that caused widespread ruin, and in 1826 the misery of the laboring poor led to renewed riots and machinery smashing.
This was the starting-point of the decline in foreign trade, the advance of foreign exchanges, the decay of railway traffic, and the monetary and financial crisis which continued from 1892 to 1898.
Leo's lively interest in art and literature, to say nothing of his natural liberality, his nepotism, his political ambitions and necessities, and his immoderate personal luxury, exhausted within two years the hard savings of Julius II., and precipitated a financial crisis from which he never emerged and which was a direct cause of most of the calamities of his pontificate.Advertisement
The "Clergy Reserves" were secularized in 1854, and in 1851 began a railway development, the excitement and extravagance caused by which led in 1857 to a financial crisis and the bankruptcy of various municipalities, but which on the whole produced great and lasting benefit.
A financial crisis in Southeast Asia spreading like wildfire around the globe to Russia and then South America.
My husband's small business works very hard so that they can prosper even in times of financial crisis.
When this product was finally released, it was too late for a number of reasons, including timing-the financial crisis and bond debacle in 2008 coincided with its launch.
The first meaning refers to the financial crisis to 1869 when Jay Gould and James Fisk attempted to corner the gold market by hoarding the gold after the government was in the midst of rebuilding the United States after the Civil War.Advertisement
For some owners, an unexpected health emergency could become a financial crisis.
For example, they may temporarily lower your rate or allow you to skip a few payments without penalty until your financial crisis is resolved.
Fannie Mae does not have the authority or capability to force lenders to allow homeowners to skip payments or lower interest rates during a financial crisis.
Following the financial crisis of 2008 and 2009, many banks require a minimum of 20 percent down and are unwilling to even issue loans without a down payment of some sort.
The warning is that your financial crisis isn't over, so continue to live below your means.
However, most people will find is wise to put together a plan to protect themselves and their loved ones in the event of a personal financial crisis.
Ideally, you'll want to have three to six months worth of living expenses saved to protect you against a major financial crisis.
While it may be tempting to withdraw money from your Roth IRA when a financial crisis occurs, it is usually a bad idea if your withdrawal is not qualified.
Incorporate several methods into your life in order to avoid having a financial crisis that forces you to save money quickly.
After experiencing how easy it is to fall into a financial crisis and how hard it can be to dig out of debt, Hunt decided she wanted to help others who were experiencing similar problems.
Coping with unexpected expenses can be stressful, but it's important not to panic when you're dealing with a financial crisis.
If your financial crisis is related to a basis issue such as finding food or shelter, there are government organizations and charitable groups that may be able to help.
Articles in the LoveToKnow Save Public Assistance category provide more information about resources that may be available to help you through a financial crisis.
A cash advance for small business can provide you with the cash you need to continue your operations should your business face a short term financial crisis.
After the global financial crisis of 2007 and 2008, car buyers were wary of investing in new automobiles in 2009.
When the financial crisis was at its peak in 2009, the auto industry outlook became more of a global outlook due to where production facilities are located as well as parts and engineering suppliers.
At the beginning of his reign he ordered a recast of the coinage, with serious results to commerce; civil officials were deprived of offices, which had been conferred free, but were now put up to auction; duties were imposed on exported merchandise and on goods brought into Paris; the practice of exacting heavy fines was encouraged by making the salaries of the magistrates dependent on them; and on the pretext of a crusade to free Armenia from the Turks, Charles obtained from the pope a tithe levied on the clergy, the proceeds of which he kept for his own use; he also confiscated the property of the Lombard bankers who had been invited to France by his father at a time of financial crisis.