THE 2007-2008 FINANCIAL CRISIS: CAUSES‚ IMPACTS AND THE NEED FOR NEW REGULATIONS The initial cause of the financial turbulence is attributed to the U.S. sub-prime residential mortgage market. The sustained rise in asset prices‚ particularly house prices‚ on the back of excessively accommodative monetary policy and lax lending standards during 2002-2006‚ increased innovation in the new financial instruments‚ unusual low interest rates resulted in a large rise in mortgage credit to households; particularly
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Title : Water Crisis Introduction : - water always been a natural resource - 80 countries now facing water shortage ‚ 2 billion people lack access to clean water. - global demand for fresh water will vastly outstrip reliable supply in many parts of world. - 97.5% of water is sea water ‚ left 2.5 % of “ fresh water “ but inside include glacier ‚ ice packs ‚ soil moisture ‚ atmosphere ‚ groundwater . Factors driving to this situations : 1. Demographic pressure population growth rate
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"Balochistan crisis" Balochistan: Pakistan‚ an Islamic country came into being on 14th August‚ 1947 on world map comprising of four provinces. Biggest in terms of land is Balochistan which covers 44% of its total land‚ but is home to only 5% of country’s population. Its strength lie in the natural resources‚ the waste rangeland‚ the coastal belt with 750 km of as yet undeveloped coastline‚ and rich mineral and hydrocarbon deposits. But this enormous resources potential remains untapped‚ and balochistan
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Energy crisis is defined as A great shortfall or price rise in the supply of energy resources to an economy. There has been an enormous increase in the global demand for energy in recent years as a result of industrial development and population growth. Supply of energy is‚ therefore‚ far less than the actual demand. There are various names for energy crisis- oil crisis‚ petroleum crisis‚ energy shortage‚ electricity shortage or electricity crisis. The reasons for global energy crisis are many
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Causes of the Euro zone debt crisis Eurozone Euro zone (also known as the Euro area) consists of those European Union countries which have adopted the euro as their currency. It currently has 17 member states such as Austria‚ Belgium‚ Cyprus‚ Estonia‚ Finland‚ France‚ Germany‚ Greece‚ Ireland‚ Italy‚ Luxembourg‚ Malta‚ Netherlands‚ Portugal‚ Slovakia‚ Slovenia‚ and Spain. Monetary policy of the Euro zone is the responsibility of the European Central Bank (ECB) which is governed by a president
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(Definition)-Financial crisis The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries‚ many financial crises were associated with banking panics‚ and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles‚ currency crises‚ and sovereign
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The Use of Nature as a Motif Rebecca stands as a perfect example of modern gothic literature. Gothic fiction can be characterized by vivid settings‚ an atmosphere of mystery‚ terror‚ violence and the supernatural. The book encompasses a murder‚ a terrible fire‚ and features a sinister servant; finally‚ the entire story is pervaded by the unrestful ghost of Rebecca herself. The novel also exemplifies the typical gothic novel by the use of weather and nature as a motif. Nature seems to skillfully
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For years‚ people have debated whether our actions are a product of our genetic composition (nature) or our upbringing (nurture). In the article "Nature Vs. Nurture: Which Causes Crime?” (2015)‚ John Hagger states that “Human social environments encompass the immediate physical surroundings‚ social relationships‚ and cultural milicus within which defined groups of people function and interact”. In other words‚ upbringing (or nurture) directly impacts the way in which we act. It is with that in mind
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In this assignment I shall be defining the topic surrounding crisis throughout the field of mental health. I will be attempting to do this by using a various range of literature and theories of that can help us create a greater understanding and knowledge base of what a crisis is‚ why it occurs and how we can potentially prevent a crisis from occurring. I shall then be discussing how I would engage those individuals that are in crisis‚ exploring the engagement process and showing the skills that
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James O’Connor: Selling Nature Let’s start by posing a couple of questions. First‚ what is humanity’s relationship to nature? Second‚ what is capitalism? If you stop and think about it‚ there is something odd about the first question. At first glance it appears to be similar to asking “what is your relationship to your car?” This is a question we might ask of somebody who spends too much time customizing his or her car. And the question is reasonable. But what I want you to see is that the question
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