Internet

Latin American newspapers bet on digital subscriptions

Facing a major slump in printed newspaper sales and advertising revenue, Latin America's press is fighting for survival—and increasingly betting on paid digital subscriptions as readers turn to the internet.

Business

Uber calls for new deal for 'gig economy' workers

Uber outlined proposals Monday for a new type of relationship with "gig" workers, including its own drivers, that would keep them as independent contractors but with some guaranteed benefits.

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Financial crisis

The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.

Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.

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