Crises
in sentence
2008 examples of Crises in a sentence
But the link between the global financial and economic
crises
will confront Europe with severe challenges – but also a big opportunity.
Not only has it not recovered from its post-2008 cold; beset by multiplying crises, it is now on the verge of developing pneumonia.
To secure that future, Europe’s political class, rather than struggling to cope with
crises
as they arise, must begin to look at the big picture, anticipate and address challenges, and inspire people once again.
But this will be virtually impossible to establish – and use to inspire people – until the EU and its member governments get a handle on the
crises
that are threatening to overwhelm them.
It is time for Europe’s leaders to break the decades-old habit of pursuing half-baked projects that blunt the symptoms of crises, and to implement real reforms that address the root causes.
They should start by changing their attitudes and committing to working together to face present and future
crises
head-on.
President Mohamed Morsi’s government struggled to address Egypt’s inherited economic and social
crises
in the face of the enormous public expectations created by the 2011 revolution, whose protagonists sought not only freedom, but also economic development and social justice.
The European Union has consistently failed to find joint solutions to shared problems, even as it has been wracked by a series of
crises.
Against this background, if financial
crises
were again to intensify, Germany’s EU partners probably could not expect the country to agree to any financial rescue programs.
We believe that the IMF needs to move decisively on financial stability issues and be more proactive to help prevent and mitigate future
crises.
The Iran deal has turned into one of the most serious
crises
of trust ever in the United States’ relations with its Middle East allies.
In the same vein, Obama’s pledge to “renew those institutions that extend our capacity to manage
crises
abroad” was hailed as another telling sign that Obama’s views coincide with Europe’s.
As Americans prepare to choose their next president, a better understanding of the policy changes that would minimize the risk of future
crises
– and which politicians are most likely to implement them – is urgently needed.
But it won’t prevent financial
crises.
If such people are not the ones who receive political support, we should not be surprised if the financial sector again escapes effective regulation and
crises
recur.
Crises
often refute conventional wisdom, and this one reveals that the underlying strength of the American economy remains impressive.
Recent financial history suggests that the next liquidity crisis is just around the corner, and that such
crises
can impose enormous economic and social costs.
And in a largely dollarized world economy, the only certain tool for avoiding such
crises
is a lender of last resort in dollars.
Brazil, too, provides a compelling example, having worked since the oil
crises
of the 1970s to reduce its reliance on imported energy.
Politicians, diplomats, and generals in conflict-ridden countries typically treat these
crises
as they would any other political or military challenge.
As a result, the United States and Europe often spend tens or even hundreds of billions of dollars to send troops or bombers to quell uprisings or target “failed states,” but do not send one-tenth or even one-hundredth of that amount to address the underlying
crises
of water scarcity and under-development.
The United Nations agency UNESCO recently issued The UN World Water Development Report 2009 ; the World Bank issued powerful studies on India ( India’s Water Economy: Bracing for a Turbulent Future ) and Pakistan ( Pakistan’s Water Economy: Running Dry ); and the Asia Society issued an overview of Asia’s water
crises
( Asia’s Next Challenge: Securing the Region’s Water Future ).
Climate change does not respect borders and we can already see the impact of global warming at play in many internal
crises.
Summertime BluesFLORENCE – Summer is a time for beaches and relaxation – and, historically, for all sorts of destructive
crises.
The roots of this seasonal periodicity of
crises
predate World War I, in the era of the classic gold standard.
It is difficult to think of the harvest-driven seasonal cyclicality of payments producing
crises
today, but somehow the problem persists.
But the technical side of
crises
masks a much more dramatic story.
How summers and
crises
go together was obvious in the event that triggered the first big collapse of the gold standard, the outbreak of WWI in 1914.
Crises
are in part about gamesmanship, about taking the other side by surprise.
Bernanke’s deep knowledge of the Great Depression and of financial
crises
is exactly what America – and the world – needs in a Fed chair now.
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