Search results
Results From The WOW.Com Content Network
The categorisation of the past into discrete, quantified named blocks of time is called periodization. [1] This is a list of such named time periods as defined in various fields of study. These can be divided broadly into prehistorical periods and historical periods (when written records began to be kept).
The Dubai Islamic Bank (DIB) fraud case was a case originally brought in 2008 that involved the alleged embezzlement of 1.8 billion Dirhams (approximately US$501 million or £330 million) by a group of six (originally seven) bank executives and expat businessmen over the period 2004-2007. [1] The case was the largest alleged fraud case in the ...
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
Employees with excessive financial obligations, or those with substance abuse or gambling problems may steal to meet their personal needs. [ 9 ] Opportunities: Although the financial statements of all companies are potentially subject to manipulation, the risk is greater for companies in industries where significant judgments and accounting ...
However, in 2022, the UAE fell into a risk of being named in the Financial Action Task Force (FATF) "grey list". The list defines nations determined to have "strategic deficiencies" in combating money laundering and terrorist financing. [64] On 4 March 2022, FATF placed the UAE in its 'grey' list of countries that are subject to increased ...
Panic of 1847, started as a collapse of British financial markets associated with the end of the 1840s railway industry boom; Panic of 1857, a U.S. recession with bank failures; Indian economic crash of 1865; Panic of 1866, was an international financial downturn that accompanied the failure of Overend, Gurney and Company in London
There is little consensus and financial crises continue to occur from time to time. It is apparent however that a consistent feature of both economic (and other applied finance disciplines) is the obvious inability to predict and avert financial crises. [ 3 ]
Some of the key economic events during the collapse of the Japanese asset price bubble include the 1997 Asian financial crisis and the dot-com bubble. In addition, more recent economic events, such as the 2007–2008 financial crisis and August 2011 stock markets fall have prolonged this period. Black Wednesday: 16 Sep 1992 UK