Energy & Green Tech

Eighteen countries showing the way to carbon zero

Eighteen countries from developed economies have had declining carbon dioxide emissions from fossil fuels for at least a decade. While every nation is unique, they share some common themes that can show Australia, and the ...

Business

Airbus pulls plug on costly A380 superjumbo as sales plummet

European aerospace giant Airbus said Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs.

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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.

This text uses material from Wikipedia, licensed under CC BY-SA