Great Depression

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Great Depression - Total results - 36
Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern
Business

Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern

Speaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.

Russell Baker, Pulitzer Prize-winning journalist and author, passes away aged 93
Life

Russell Baker, Pulitzer Prize-winning journalist and author, passes away aged 93

Baker said during a 1994 speech in Hartford, Connecticut, that his goal for the Observer was to render the federal government, politics and diplomacy accessible through plain, easy-to-read language

Demonetisation: Small businesses struggle due to cash crunch; digitisation can't happen overnight
India

Demonetisation: Small businesses struggle due to cash crunch; digitisation can't happen overnight

The small businesses are in a frenzy as the vendors aren't accepting old currency and new currency is scarce as it is rationed.

US election 2016 issues: How the financial markets will be impacted by Donald Trump and Hillary Clinton
World

US election 2016 issues: How the financial markets will be impacted by Donald Trump and Hillary Clinton

Eight years on, the economy's recovery from the havoc brought by the financial crisis has been halting and slow.

Will yuan devaluation, lower inflation prompt RBI to expedite rate cut?
Business

Will yuan devaluation, lower inflation prompt RBI to expedite rate cut?

The dollar is already strengthening against the euro on the back of a weak euro region brought about by the Greece crisis. The Chinese move will only aggrandise the same.

Raghuram Rajan did not imply Great Depression-like risk is imminent, says RBI
Business

Raghuram Rajan did not imply Great Depression-like risk is imminent, says RBI

The policies followed by major central banks around the world were in danger of slipping into the kind of beggar-thy-neighbour strategies that were followed in the 1930s, the RBI said.

RBI clarifies on Raghuram Rajan's Great Depression comment: Here's what he really meant
Business

RBI clarifies on Raghuram Rajan's Great Depression comment: Here's what he really meant

The Great Depression started in the United States after the stock market crashed in October 1929 and then gradually spread to other parts of the world.

World may slip into Great Depression of 1930s, Rajan warns global central banks
Economy

World may slip into Great Depression of 1930s, Rajan warns global central banks

The RBI governor was addressing the 'Perspectives' conference organised by AQR Asset Management Institute at the LBS campus on the subject of 'The Central Banker Perspective'.

Rouble rubble, jihad and sliding oil: Here's how the west is shooting itself in the foot
World

Rouble rubble, jihad and sliding oil: Here's how the west is shooting itself in the foot

The politics of the west's sanctions against Russia and the Saudi bid to fix Iran and Russia by keeping oil prices low is driving the world to its next crisis. The west may find that in trying to fix Putin, it may be shooting itself in the foot

Raghuram Rajan explains why global markets may crash soon
Economy

Raghuram Rajan explains why global markets may crash soon

Reserve Bank Governor Raghuram Rajan has warned that global markets are at the risk of a "crash" due to the lingering competitive loose monetary policies being followed by the developed economies.<br />

Global markets at risk of crash when world less capable of bearing cost: RBI Gov Rajan
Finance

Global markets at risk of crash when world less capable of bearing cost: RBI Gov Rajan

The former chief economist at the International Monetary Fund compared the current global markets to the 1930s - a period marked by the Great Depression.<br />

First fix inflation then expect India's IIP to improve
Economy

First fix inflation then expect India's IIP to improve

In a scenario where consumers decided to save more the money would land up in banks. Banks would suddenly have more money, leading to lower interest rates. Lower interest rates would mean that businesses would borrow and invest more.

JPMorgan agrees to pay $13 billion to US over bad mortgages
Business

JPMorgan agrees to pay $13 billion to US over bad mortgages

JPMorgan Chase & Company has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the run-up to the 2008 financial crisis.

Twilight of central banking: Why gold remains the best hope
Economy

Twilight of central banking: Why gold remains the best hope

The conditions prevailing today are similar to 1975-76, when gold prices crashed before rising spectacularly by eight times

Currency wounds fresh, but protectionism talk all muted
Business

Currency wounds fresh, but protectionism talk all muted

According to the World Trade Organisation, only 1-2 percent of world commerce has been affected since the onset of the crisis by trade curbs of one sort or another.<br /><br /> <br /><br />

The big day: Bernanke the last hope of a desperate market
World

The big day: Bernanke the last hope of a desperate market

The Fed is widely seen as the only major policy player that operates independently of politics and looks to be the only government institution in which the markets have any faith.