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Plunge in sentence

227 examples of Plunge in a sentence

But rising risk – reflected in the recent plunge in China’s stock market – has compelled the government to step in to limit the fallout.
The Political Economy of 2013NEWPORT BEACH – Watching America’s leaders scramble in the closing days of 2012 to avoid a “fiscal cliff” that would plunge the economy into recession was yet another illustration of an inconvenient truth: messy politics remains a major driver of economic developments.
Indeed, the dramatic plunge in the price of a barrel of crude – from nearly $150 in June 2008 to around $30 today – is likely to fuel continued upheaval far beyond the world’s energy and commodity markets, with particularly worrying implications for the European Union.
The borrower is cut off from international markets, and essential imports can no longer be purchased, while large-scale defaults threaten to plunge creditors into insolvency.
Europe would plunge into the abyss, and 60 years of political, economic, and social progress would be lost.
After Germany’s general election in September, the government will finally have to take the plunge and pursue a more robust economic policy, unless it wants to cede the stage to nationalists who would destroy the EU.
The plunge that began under Labour took time to stop, but it is finally over.
The depth of the economy’s plunge has helped the Irish government in its effort to secure a Yes vote.
It seems clear that a second rejection of the Lisbon Treaty by the Irish electorate would plunge the EU into a renewed crisis and threaten to derail the considerable gains in both democratic legitimacy and collective decision-making capacity deriving from the new Treaty.
Even after the market volatility following the crisis in Greece and the Chinese stock market’s plunge, valuations appear to be high.
And yet the roller-coaster pattern continues: the 8.5% plunge came when the market re-opened on a Monday that followed the largest two-day rise since 2008.
Yet forcing a defaulting Greece out of the eurozone – against its will – is not an option, either: it would plunge the country into economic, social, and political instability, and there would doubtless be serious repercussions beyond the country’s borders.
In response to a one-day 23% plunge in US equity prices, the Fed moved aggressively to support the brokerage system and purchase government securities.
In one direction lies the future as described by pessimists, who argue that rising populist movements and the plunge of the euro are evidence of the continent’s coming slide into geopolitical and economic oblivion.
And the plunge is accelerating.
A big adverse surprise – like the election of Donald Trump in the US – would likely cause the stock market to crash and plunge the world into recession.
Yes, well-off Americans experienced a big plunge in wealth when asset prices tanked.
By early 2009, the plunge in stock markets around the world reached its nadir, and fear of a deep depression, according to the University of Michigan Consumer Sentiment Survey, was at its highest level since the second oil crisis in the early 1980’s.
China’s Live Stress TestHONG KONG – The plunge in China’s stock markets, which has sent shockwaves reverberating around the world, has amounted to a real-time stress test for the country.
Anticipating that change – and the prospect of higher interest rates closer to home – foreign investors are taking flight, hastening and sharpening the exchange-rate plunge.
Or must it plunge over every cliff that it approaches?
From 2015 to 2017, when the renminbi faced accelerating depreciation, the PBOC intervened to prevent a plunge – an effort that depleted China’s foreign-exchange reserves by a massive $1 trillion.
But they also might decide to close their eyes and take the plunge.
When oil prices plunge by 10% daily, this is obviously disruptive in the short term: credit spreads in resources and related sectors explode, and leveraged investors are forced into asset fire sales to meet margin calls.
There is little doubt that, in the absence of Venezuelan subsidies, Cuba will once again plunge into depression – as it did after Russian assistance dried up in early 1990s.
But much of that support rode on the coattails of the fear caused by observing the classes just below theirs plunge into despair and loathing, while their own children’s prospects dimmed.
And maybe, had there not been Security Council paralysis over Syria in 2011, the catastrophic plunge into civil war there would still have occurred.
The sharp appreciation of the franc threatens to plunge the Swiss economy into deflation and recession.
How can confidence be restored as the crisis economies plunge into recession?
Each generates maximum discontent: The no-deal scenario strikes most as a dangerous plunge into the unknown.
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