Causes of eurozone crisis and structural problems
2.1.1 Progress of the euro zone financial crisis and its causes
In the conditions of the global financial and economic crisis, a majority of European countries launched large programs to reanimate the economic situation and save jobs. As the massive fiscal spending is inevitable in the process of addressing the economic crisis, the European fina
debt affected by this crisis, so this Greek issue was concerned about in this sense. The Greek financial crisis was controlled by Greek government and also European Union. However, the fundamental solution was not done. So, in our report, we will examine closely about the Greek financial crisis- the causes and background, fiscal and monetary policy about the crisis, and the current situations.
of 20x its normal peak value.
For this reason, California faced with a electric power crisis. So power outage was occurred frequently and electric charge was risen sharply since late 1998.
③ Bankruptcy of PG&E
- As a result, PG&E (Pacific gas& Electric) suffered financial difficulties because energy supply costs had risen and selling prices had been regulated. They couldn't shift a burde
of the Canadian dollar against the U.S. dollar. Suppose that you realized a return in the stocks of 15% but if the Canadian dollar depreciated 15% against the U.S. dollar, you would make a small loss.
Ⅲ. The relationship between FAFA and CR in Latin America Countries
When a firm conducts transactions in different currencies, it exposes itself to risk. The risk arises because currencies may
of US$36.10 billion as of 2009. Headquartered in San Jose, California, it designs and sells networking and communications technology and services.
Cisco's stock was added to the Dow Jones Industrial Average on June 8, 2009. It replaced General Motors which had filed for Chapter 11 bankruptcy.
In fiscal year 2009, Cisco realized $13.50 Billion in network services sales(mostly from “SMARTnet