Containing Financial Turmoil

The ensuing losses will aggravate the financial turmoil and economic contraction.

The current turmoil highlights the international financial system s need for such an institution.

Today s financial turmoil and economic downturn are highlighting the EMU s advantages in several important ways.

Today s financial market turmoil has exposed weaknesses in the current global financial system, of which many were known but went unaddressed.

We need to give free rein to fiscal and monetary authorities to take aggressive steps when financial turmoil turns into financial crisis.

Climate change, civil war, financial hardship, and infrastructural chaos have all caused turmoil in this country.

Whether that will sway American voters wary of financial turmoil on November 4 remains to be seen.

I describe it in detail in my new book Financial Turmoil in Europe and the United States.

The fate of the rest of the world depends on the responses to the unfolding financial turmoil.

If such monetary arrangements are transparent and cooperatively drawn, they could occur smoothly and without financial turmoil.

BERLIN Ever since the global financial crisis erupted in September 2008, the European Union has been in turmoil.

BERLIN Ever since the global financial crisis erupted in September 2008, the European Union has been in turmoil.

LONDON Which European country faces the greatest risk of political instability and financial turmoil in the year ahead?

Turmoil in Greek political scene

LONDON Following weeks of financial and economic turmoil, public debate has finally turned to the horrific potential human ramifications of the collapse of the global financial system.

Hope Amid the Middle East s Turmoil

It turned out that there was enormous excess capacity, and import substitution soon began, even in the midst of financial turmoil.

Nevertheless, as the events of recent months have shown, emerging markets are not immune from the current bout of global financial turmoil.

Today s financial turmoil and economic downturn are highlighting the EMU s advantages in several important ways. First, the euro has eliminated the possibility of exchange rate turbulence and speculative currency attacks that more vulnerable economies could have expected in the current turmoil.

Regionally, there is likely to be greater turmoil.

As social tensions increase, political turmoil will follow.

Zhirinovsky may be eager for chaos and turmoil!

These crucial issues should be put on the agenda of the G7 finance ministers to prevent a serious backlash against financial globalization and reduce the risk that financial turmoil will lead to severe economic damage.

But the current financial market turmoil has shown that there are regulatory and supervisory gaps and poorly understood international linkages that call for a global response.

It is fashionable to blame the International Monetary Fund for the wave of financial turmoil that has swept emerging markets since Mexico's Tequila crisis'' of 1994.

Finally, the current financial turmoil highlights a long standing but urgent problem for Europe the lack of credible arrangements for the management of cross border banking crises.

Given the nature of market turmoil, an early warning system for financial tsunamis may be difficult to create but the world needs one today more than ever.

The economic crisis arguably forced the new American rapprochement with China (the emerging power that has now emerged as the big winner from the world s financial turmoil).

We must also ensure that solutions for strengthening financial stability and avoiding future turmoil  the focus of April s G 20 summit are discussed with all countries concerned.

So political turmoil with Russia and Europe might be calmed.

Churning this turmoil into frenzy is the illegal drug trade.

For more than a century after that, China was in turmoil.

Elsewhere, of course, this sort of turmoil has democratic safety valves.

This would throw the party, government, and country into fresh turmoil.

The latest turmoil doesn't come close to that level, he said.

At the same time, though Africa s frontier economies are less vulnerable than other emerging markets to global financial turbulence, they are highly vulnerable to political turmoil closer to home.

But the financial market turmoil fueled a panic among eurozone leaders, leading them to misdiagnose the malady and prescribe the wrong medicine, which has served only to generate new symptoms.

WASHINGTON, DC As the world struggles with the most serious financial turmoil of the post war era, attention has focused on the advanced and emerging market economies most immediately affected.

Recent global financial turmoil has only added to Africa s allure, because its frontier markets are less vulnerable to international volatility than are most of the world s more familiar emerging economies.

WASHINGTON, DC 2008 will be remembered as a year of extraordinary turmoil.

This may be enough to calm financial markets for now, but it will not redress the more fundamental problems behind the current turmoil. In today s interdependent world, a coordinated strategy is needed to avoid recession and to return lasting stability to financial markets.

NEW YORK Political turmoil in the Middle East has powerful economic and financial implications, particularly as it increases the risk of stagflation, a lethal combination of slowing growth and sharply rising inflation.

SINGAPORE The recent financial turmoil in China, with interbank loan rates spiking to double digits within days, provides further confirmation that the world s second largest economy is headed for a hard landing.

The last five years have provided two clear lessons for Europe procrastination only makes reform more difficult, and the end of financial turmoil does not necessarily mean the end of socioeconomic crisis.