Describe the causes and effects of the global credit crisis. Name two global exchange services and explain how they reacted to the global credit crisis.

Answers

Answer 1

Answer:

The global credit crisis started with the failure of Lehman Brothers, a global bank. However, this wasn’t the cause, only the first sign that there were problems. Lehman Brothers, and other banks enjoying a prosperous economy, took risks that were not advisable according to the traditionally conservative industry. They loaned money to people and corporations that could never hope to pay back the loans. Regulators, the watchdogs of the banking industry, also are to blame for knowingly allowing the banks to take on these loans, as they were also complacent in the booming economy. Many other banks faced the same fate, some caused by their own faulty loans, but also because Lehman Brothers started a domino effect due to the global markets that depended so heavily on them.

GXS is a global exchange service that handles more than 12 billion transactions annually. Approximately 600,000 businesses worldwide utilize the GXS Trading Grid, a product that enables electronic exchange. Because GXS is strong financially, its response to the credit crisis was to take on acquisitions and partnerships of smaller companies that had software and products that complemented their portfolio. In July 2009, GSX partnered with CGI, a technology company, to integrate their services to provide supply chain finance solutions to banks and other financial institutions.

Another global exchange is Forex. This matches independent traders with global currency markets. During the credit crisis, Forex traders were found guilty of rigging the foreign exchange market by colluding, although these traders were not employees of the company but using the trading platform.

Explanation:

Edmentum

Answer 2

The effects that can be associated with global credit crisis is how the

developing countries, experience:

declines in trade reduced access to credit.

The causes that can be associated to global credit crisis are;

systemic failures uncontrollable human behavior rising energy prices on global markets increase in the rate of global inflation.

Two global exchange services are;

ForexGXShares

According to the question, we are to discuss causes and effects of the global credit as well as naming global exchange services and how they reacted to the global credit crisis.

As a result of this, Forex which is an example of exchange connect independent traders with global currency markets, they were been accused of rigging the foreign exchange market during global credit crisis..

Therefore, The effects that can be associated with global credit crisis is how the developing countries, experience declines in trade

Learn more about global credit crisis;

https://brainly.com/question/25664180


Related Questions

What is the central idea of the Elizabeth and Hazel

Answers

Answer:

He recounts Elizabeth's struggle to overcome the trauma of her hate-filled school experience, and Hazel's long efforts to atone for a fateful, horrible mistake. 

As they progress from apology to pardon to reconciliation and, remarkably, to friendship, the book follows the traumatic path of the two.

CLICK HERE BRIANLIEST IF RIGHT!!!QUICK!!!
Mr. Tanaka shuffled the midterm tests on his desk for what seemed like hours. In reality, only a few seconds had passed. This test counted for a large part of our semester grade, and the entire class sat restlessly in their seats, anticipating the results. ,begin underline,As I waited for Mr. Tanaka to return the graded exams, the minutes were felt ticking by more and more slowly.,end underline, Question Which revision to the underlined sentence maintains a consistent voice in the paragraph? Answer options with 4 options 1. As I waited for Mr. Tanaka to return the graded exams, the minutes felt ticking by more and more slowly. 2. As I waited for Mr. Tanaka to return the graded exams, I felt the minutes ticking by more and more slowly. 3. As I waited for Mr. Tanaka to return the graded exams, it felt the minutes ticking by more and more slowly. 4. As I waited for Mr. Tanaka to return the graded exams, he felt the minutes ticking by more and more slowly.

Answers

Answer:

the answer is 2

Explanation:

Answer:

it B

Explanation:

Taking the ACT is a one shot deal

True
False

Answers

Answer:true srry if im wrong

Explanation:

false, you’re allowed to retake it up to twelve times. plus, test scores don’t define you or your smartness.

Please help me! Thank you!! (25 points!)
(The book is Maniac Magee by Jerry Spinelli)
Summarize what happened to Jeffrey's parents using the summary strategy: somebody, wanted, but, so, then.

Answers

Answer:

His parents were killed in a trolley accident over the Schuylkill River. Then  During the next eight years, Jeffrey lives with his Aunt Dot and Uncle Dan in Hollidaysburg, Pennsylvania. But the household is extremely dysfunctional because his aunt and uncle never speak to each other.

Yes, the correct answer would be ☒☒☒☒☒☒☒☒☒ hope this helps!                                                                                                                                                                                                                                                                        

                                                                                                                                     

                                                                                                                                     

                                                                                                                                     

                                                                                                                                     

                                                                                                                                                                                                                                                                                                                                                                                                                     

                                                                                                                                                                                                                                                                           

                                                                                                                                     

                                                                                                                                     

                                                                                                                                     

                                                                                                                                     

                                                                                                                                                                                                                                                                                                                                                                                                                     

Please answer these questions for me, you'll get 15 points, 2 thank you's, brainliest, and 5 stars for the best answers plssssss help


In what ways can energy be transferred or transformed?


How have the contributions of scientists led to our understanding of electricity and magnetism?



In what ways can a circuit be designed?

Have you ever used or seen plastic wrap? Why does plastic wrap stick to containers and to itself?

What important facts do you know about Thomas Edison and the light bulb?


(this is science, btw)

Answers

Answer:(The first question)

Explanation:

Energy can be transferred throughout wires and circuits, such as charging a device

Answer:

1. Energy can be transferred through light, sound, wires, circuits and heat.

2. From the contributions of scientist we have learned that magnetism produces attraction and repulsion between objects and that electricity is based on positive and negative charges.

3. Circuits can be designed to power light bulbs by connecting wire to batteries and switches.

4. yes, plastic wrap sticks to itself because the plastic acquires a charge and sticks itself to anything with an opposite charge.

5. The first light bulb that he successfully created was gas based and created a flickering light that started fires. Later Thomas Edison created the first incandescent light which created a vacuum inside to allow for electric currents to move through it.

Please help me PLEASE!!!!
Please answer 9&10

Answers

Could you make the image better quality it’s hard to read
Dude. This isn’t even a question we can answer because it’s obvious that it comes with a story. So read the story and then answer the questions.

Which of the following would appear first on a "Works Cited" page? (5 points)
Group of answer choices

"Wolf-eel." Carter's Encyclopedia. 2009 ed.

Rodriguez, Rina. "Wolf-Eel's World Revealed." Sea Life Magazine 12 May 2010: 11-12.

Tate, Drake. Wolf Eels. New York: Star Press, 2011.

Eel Facts. 7 January 2012. Marine Online Database. 13 March 2012 (http://www.mod.net/eels/).

Answers

Answer:

Eel Facts. 7 January 2012. Marine Online Database. 13 March 2012 (http://www.mod.net/eels/). would go first.

Explanation:

Whenever citing works and creating a bibliography, always organize sources into alphabetical order whether or not you do or do not have the author (properly cite sources and then put them into alphabetical order).

SIMPLE EASY READ AND ANSWER EASY QUESTONS


The North American Free Trade Agreement (NAFTA) is a deal between three countries. The three countries are the United States, Canada, and Mexico. Some people like it. Other people hate it. It was signed in 1992. NAFTA made it easier for the three countries to sell things to each other. They would not have to pay extra money, like special taxes. Taxes are sometimes added to the price of things that are sold.

Getting rid of these taxes is called free trade. Buying and selling things is called trade. Free trade helps countries sell the things they make easily. It also lets countries buy things from other countries that they can't grow or make. For example, some countries can't grow oranges because it's too cold there.

NAFTA is similar to a deal in Europe. There is a group of countries called the European Union. They got rid of taxes so that European countries could sell more things to each other. This led to more trade in Europe.

NAFTA became a law in 1994.

Critics said NAFTA would be bad for workers
Many people like NAFTA. They thought that free trade would bring wealth. They thought it would create millions of jobs. Other people did not agree. They thought it was just a way for big companies to make more money.

People who did not like NAFTA also worried about jobs. They thought that Canadian and American factories would move to Mexico. People were worried that if that happened they would the lose their jobs. That is because it is cheaper to hire workers in Mexico.

People also worried that new factories would hurt the environment in Mexico. Some people worried that small farmers would lose their farms. Big farms might become too powerful for smaller ones to keep up.

NAFTA was better for Mexico than the U.S. or Canada
NAFTA didn't deliver all it promised. NAFTA may have helped Mexico the most. Mexico traded much more. This meant that Mexicans could get more goods to buy. Meanwhile, the United States and Canada had less success with NAFTA.

But not many jobs were lost in America or Canada. Most companies did not move to Mexico. And NAFTA did not cause environmental problems like some people thought it would.

Expansion
In 2004, NAFTA expanded to include five Central American countries. This was called the Central America Free Trade Agreement (CAFTA). Other South and Central American countries joined later. A new deal was signed in 2015. It is called the Trans-Pacific Partnership (TPP). It is like NAFTA, but in Asia.


question:
Write a question you would like to ask the author.
What information did the writer leave out that you think he/she should have included?
Write a new headline and sub head for this article.
Summarize the article using only one sentence.

Answers

Some people like NAFTA and some people don't like .Why ?

help me plz I'm I correct

Answers

Answer:

yes you are correct

Explanation:

Yes you are correct

Hi :) plz help please don't answer if you don't know, thanks! :)

Answers

Answer:

2nd one is personification 3rd one is a hyperbole i dont think the 1st one is anything

Explanation:

pretty sure the 1st is onomatopoeia the 2nd personification and the 3rd hyperbole

What’s one possible theme of “The Moment”? Mention the poem’s structure as part of your analysis.

Answers

Answer:

one possible theme is love

Explanation:

What is one other detail that is alike or different in the two stories??? Please help!!!!

Answers

They are both grouped in paragraphs of 4 sentences, The first sentence of each poem is 5 words, they both make references to boats, both talk about a river

In 1964 what were some of the segration laws that stayed like was their any laws they didnt make legull at the time that has to do with segretation

Answers

Answer:

The Civil Rights Act of 1964 prohibited any discrimination of race, color, sex, and national origin.

PLZ HELP!!!!! plz plz plz. The Story of the Old Man Who Made Withered Trees to Flower” by Yei Theodora Ozaki. The old man cant make withered trees to flower. Solution How can the old man solve this conflict? Plz dont put random things if you dont know it thx! :)

Answers

Answer:

can u show me the diagram pls

FREE QUESTION AGAIN!!!!

(i don't know why I love doing these so much lol XD)

Answers

TYYYYYY have a nice day!!!!

Answer:

tyyyyy

Explanation:

im marking brainliest to the best answer write a short story using what you’ve learned from reading Jack London’s "How to Build a Fire" about wilderness survival. Write your story’s climax, the point of greatest tension. Describe what happened and how you resolved the problem.

Tip! Use action words to heighten the sense of drama. Keep your sentences short to quicken the story’s pace.

Answers

Answer:

To Build a Fire is the story of a young miner who has come to the Yukon to find gold. He is traveling toward his camp on a cold, windy afternoon, against the advice of a seasoned miner. He falls through some ice and gets his feet wet, necessitating building a fire to dry off and warm up.

Explanation:

To Build a Fire is the story of a young miner who has come to the Yukon to find gold. He is traveling toward his camp on a cold, windy afternoon, against the advice of a seasoned miner. He falls through some ice and gets his feet wet, necessitating building a fire to dry off and warm up.

Answer: Create a Fire is the story of a young miner who came to the Yukon to search gold. On a snowy, windy day, he travels to his camp against the advice of a veteran miner. He slips through the ice and has his feet soaked, needing to create a fire to dry up and warm up.

Explanation:

Correct Answer Will Be Marked Brainiest

(Select all that apply) What should a thesis statement do?

Expand the topic.
Clarify and narrow the topic.
Clearly state the author's position.
Create an objective, academic tone.
Create a personal. confessional tone.​

Answers

Answer:

1.

3.

4.

I think.

Thesis statements should include 1, 2, and maybe 3

here it is help meeeeeeeeeeeeee i have 5 more essays to do

Answers

Examples of role models could be Beyonce, Ariana Grande, Michael Jackson, a family menber like your mom, your dad, your sister, or even a fictional character like Superman or Batman

15pts
Read the following passage written by a teen hero:

I want to be a vocal advocate for nature.
I reject the idea that I am too young to make a difference.
I recently helped a group with a river cleanup.
I was mortified to see the destruction of animals and plants.
When I got home, I composed a letter to my state politicians and asked them to allocate more money to the local river cleanup effort.
I believe my vocation is to help citizens see that we are at a junction.
We can decide to subject nature to abuse, or we can decide to be a benefactor to nature.
I won't let obstacles detract from my mission.


The prefix and root in the word "reject" as they are used in sentence 2 give us an approximate definition. Which of the following definitions is accurate?

To pull toward
To throw away
To resist the pull
To throw toward

Answers

The prefix and root in the word "reject" as they are used in sentence 2 give us an approximate definition. Which of the following definitions is accurate?

2. To Throw away

Answer:

The answer is B

story - the people could fly

1. Reread the paragraph on the two paragraphs beginning on lines 33 and sum up the conflicts shown.

2. Find examples of dialect in lines 64-70 and tells how it affects readers.

3. Folktale often feature lessons that are important to a culture or group of people. What is the lesson of this folktale?

4. How would enslaved Africans have perceived the lesson as being important?

5. Early in the Folktale, the narrator says, "The folks were full of misery, then." Review the first half of the tale to find details about the conditions under which the slaves lived. Then in you own words, describe these conditions.

Answers

Answer:

This was from two days ago, what you get

Explanation:

what is a good subhead to this title
NAFTA’s succession and failure

Answers

Answer: Ups and Downs

Explanation:

HELP THIS IS IMPORTANT
Explain in 1 paragraph or more how a character in a favorite series of yours changed or developed over time.
My chosen series: My Hero Academia. (Baku No Hero Academia)
Chosen Character: Izuku Midoreya.

Answers

Izuku went through an insane amount of realistic work, which was important for every aspect of the series. Specifically his character development. Not only did Deku improve mentally, but he also improved physically. Izuku still work hard so he can become strong enough to use 100% One for All.

The question below is an incomplete sentence. Choose the word that best completes the sentence.

You can safely enjoy winter activities like sledding _______ you take the proper precautions.

a
if
b
although
c
unless
d
until

Answers

Answer:

A

Explanation:

You can safely enjoy winter activities like sledding _if______ you take the proper precautions.

the response is clearly A.If

Can someone plz help me I’m being timed I need it to be correct only if Yk how do it!!!!

Answers

Answer:

Sorry this is so late, but the comma would go between clever and eye-catching. "... posted clever, eye-catching flyers ..."

Explanation:

Hope this helped~!

PLEASE HELP!!! DUE TODAY Use details from the text to explain what happened in Germany on Kristallnacht. Text is Parallel Journeys

Answers

Answer:

In Chapter Two, we learn that on November 9, 1938, a night of terror called Kristallnacht, or 'the night of broken glass' was set in motion by Heinrich Himmler. The Nazi SS, moved throughout the cities and towns of Germany and Austria, breaking the windows in all the Jewish shops, buildings and synagogues. The Nazis used axes, hammers, guns and hand grenades to attack the Jews, causing massive numbers of Injuries and death. After the attacks, looters made their way through what remained, and the Nazis had taken their first step in destroying the Jewish people. theft and looting followed in this clear sign that the Nazis planned to destroy the Jewish people.

Explanation:

I hope this works for you! :)

I don’t see text but when I learned this a few years back we learned that it was called Kristallnacht because of all the broken glass around the towns.. places were being attacked which broke windows which lead to broken glass being left on the floor.. hope this helps!<3

please help,Ill give brainly!!!!!

Answers

Answer:

correct :)

Explanation:

Answer:

This would be metaphor....

Explanation:

A simile: using like or as.

An onomatopoeia: using a sound

Alliteration: Repeating the first letter of a word multiple times

Language Barrier!!!!!
Can someone give me a language barrier scenario plz

Answers

Explanation:

Two people talking but they can't understand each other because of their languages

OR

Two people talking but can't understand each other because of their accent on some words is making it difficult for the other to understand

EX: You are ordering from a restaurant who’s workers only speak spanish. You only speak english.

our new cat purred very affectionately

I need this question diagrammed as soon as possible

Answers

There isn’t a question attached sorry
Dude There is no question

put these in a single file line TYPED

Answers

Answer:

what do you mean?

Explanation:

Answer:

sorry i have to stop right here i have zo.om class i will do the rest when im done ok?

Explanation:

my mother accidently mismatch her clothes with the lady next door.

I told my friends i had to recharge my phone.

my teacher told me that when you do an reaper will come to collect your soul.

Unlike the other kids i was always the odd one out (true story lol)

My mother was always with impatent me on the phone,

What social effects did the Columbian Exchange have on Europe?

People became less interested in buying luxury items.
European nations cooperated more to colonize new lands.
People lost interest in learning about other parts of the world.
New nutritious foods became a regular part of diets.

Answers

Answer:

D

Explanation:

:)

Answer:

The answer is D which is (New nutritious foods became a regular part of diets.)

Explanation:

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