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Sterling crisis information


Sterling crisis may refer to:

  • 1931 sterling crisis, emergency measures during the Great Depression
  • 1949 sterling crisis, devaluation
  • 1967 sterling crisis, devaluation
  • 1976 sterling crisis, IMF loan
  • 1992 sterling crisis ("Black Wednesday"), depreciation

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Sterling crisis

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Sterling crisis may refer to: 1931 sterling crisis, emergency measures during the Great Depression 1949 sterling crisis, devaluation 1967 sterling crisis...

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1976 sterling crisis

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The 1976 sterling crisis was a currency crisis in the United Kingdom. Inflation (at close to 25% in 1975, causing high bond yields and borrowing costs)...

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Pound sterling

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Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound (sign: £) is the main unit of sterling...

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Black Wednesday

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the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first)...

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1967 sterling devaluation

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The 1967 sterling devaluation (or 1967 sterling crisis) was a devaluation of sterling from $2.80 to $2.40 per pound on 18 November 1967. It ended a long...

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Harold Wilson

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Jay wrote of Wilson's role in the debates over whether or not to devalue sterling that "he changed sides three times within eight days and finished up facing...

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Great Depression in the United Kingdom

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Winston Churchill, on advice from the Bank of England, restored the Pound Sterling to the gold standard at its prewar exchange rate of $4.86 US dollars to...

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1949 sterling devaluation

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devaluation of sterling in 1949 (or 1949 sterling crisis) was a major currency crisis in the United Kingdom that led to a 30.5% devaluation of sterling from $4...

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Currency crisis

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A currency crisis is a type of financial crisis, and is often associated with a real economic crisis. A currency crisis raises the probability of a banking...

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History of the British national debt

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gradually decreased as a proportion of GDP, but in the 1970s, following a Sterling crisis, the British government was forced to seek help from the International...

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Debt crisis

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Debt crisis is a situation in which a government (nation, state/province, county, or city etc.) loses the ability of paying back its governmental debt...

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Energy crisis

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An energy crisis or energy shortage is any significant bottleneck in the supply of energy resources to an economy. In literature, it often refers to one...

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Stagflation

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Shrinkflation Stagflation in the United States Zero interest-rate policy 1976 sterling crisis 2000s commodities boom 2020s commodities boom including those of Adam...

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1997 Asian financial crisis

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1997 Asian financial crisis The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late...

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Social crisis

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A social crisis (or alternately a societal crisis) is a crisis in which the basic structure of a society experiences some drastic interruption or decline...

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1973 oil crisis

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the global average. After it was implemented, the embargo caused an oil crisis, or "shock", with many short- and long-term effects on the global economy...

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United Kingdom government crisis

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Crisis Night of the Long Knives (1962) 1976 sterling crisis 1979 vote of no confidence in the Callaghan ministry Westland affair 1992 Sterling crisis...

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1970s energy crisis

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The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial...

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Steel crisis

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The steel crisis was a recession in the global steel market during the 1973–75 recession and early 1980s recession following the post–World War II economic...

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Financial crisis

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A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th...

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Great Recession

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in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. The combination of banks unable to provide funds to businesses, and homeowners...

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1979 oil crisis

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in oil production in the wake of the Iranian Revolution led to an energy crisis in 1979. Although the global oil supply only decreased by approximately...

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Bank run

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conditions such as the U.S. savings and loan crisis of the 1980s and 1990s. The global financial crisis that began in 2007 was centered around market-liquidity...

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1998 Russian financial crisis

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The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government...

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