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Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
Baring crisis [23] 1982: Latin American debt crisis [23] 1988–89: Latin American debt crisis [23] 2001: Following years of instability, the Argentine economic crisis (1999–2002) came to a head, and a new government announced it could not meet its public debt obligations. [23] 2005–16: Argentine debt restructuring. 2014 [24] [25] 2020 [26 ...
an economic crisis which can range from or include a possible financial crisis, currency crisis, or any economic shock, or any breakdown or major dysfunctions within the economic system, or a major upheaval due to a natural disaster, which can include severe weather, or epidemics, or drought, or famine, or other events related to the natural world.
Ordered the freezing of Iranian assets as part of the U.S. response during the Iran hostage crisis [4] Ended April 17, 1980 April 17, 1981 Executive Order 12211, [21] Executive Order 12282 [22] Further Prohibitions on Transactions with Iran: Prohibitions revoked on January 19, 1981, but national emergency neither terminated nor continued [23 ...
The euro area crisis was caused by a sudden stop of the flow of foreign capital into countries that had substantial current account deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared ...
Energy crisis – Low availability of energy resources; Environmental social science – Interaction of humans with the environment; Financial crisis – Situation in which financial assets suddenly lose a large part of their nominal value; Global catastrophic risk – Hypothetical global-scale disaster risk
The Troubled-Teen Industry Has Been A Disaster For Decades. It's Still Not Fixed.
A banking crisis is a financial crisis that affects banking activity. Banking crises include bank runs , which affect single banks; banking panics, which affect many banks; and systemic banking crises, in which a country experiences many defaults and financial institutions and corporations face great difficulties repaying contracts. [ 1 ]