Word: crisises
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But the city of 110,000 people just north of Miami is staring at another figure today: a 13% home-foreclosure rate. That's the second highest in Florida, a state that now has the nation's highest rate of homes - 23% - either in foreclosure or delinquent on mortgage payments...
So when the financial markets melted down in 2008, the mild-mannered, consensus-minded, professorial ex-professor vowed to avoid the errors of omission the sluggish Fed had made in the 1930s and do everything possible to prevent the crisis from becoming a calamity. He blasted a fire hose full...
The Great Recession has not become another Great Depression - the markets have rebounded, and Bernanke declared last week that the worst of the downturn appears to be over - so Obama really had no choice but to reappoint Bernanke, even though White House economic adviser Lawrence Summers has yearned for the...
Quitting khat would double the amount of household water available, says Klingler, but that may only slow the onset of crisis. The hydrologist argues that Yemen needs to revert to consuming only as much water as it collects from rains - and to import most of its food from abroad.
This article was reported with a grant from the Pulitzer Center on Crisis Reporting.