Crisis example sentences

Also, if there is a domestic banking crisis (when banks need to borrow domestic currency) the central bank can no longer act as a lender of last resort.In the midst of this economic and political crisis, the ruler of Iran, Nadir Shah, sacked and plundered the city of Delhi in 1739 and took away immense amounts of wealth.India was under a severe debt trap and was facing crippling balance of payment crisis.This system of guarantee assures individual account-holders that their banks will be able to pay their money back in case of a crisis and there is no need to panic thus avoiding bank runs.Over exploitation and mismanagement of water resources will impoverish this resource and cause ecological crisis that may have profound impact on our lives.His concept of identity crisis of adolescent age has drawn considerable attention.We, at times, talk about intelligence, inferiority complex, identity crisis, mental blocks, attitude, stress, communication barriers and so many other terms.Earlier supply merchants had very often lived within the weaving villages, and had a close relationship with the weavers, looking after their needs and helping them in times of crisis.It is often said that political parties are facing a crisis because they are very unpopular and the citizens are indifferent to political parties.However, following a crisis, Argentina abandoned the currency board and let its currency float in January 200 Another arrangement adopted by Equador in 2000 was dollarisation when it abandoned the domestic currency and adopted the US dollar.The information in the box in next page gives an account of how Saco Defense was able to control a crisis situation.A similar scenario of shortages and acute crisis during the summer months is common to other cities of India.He got people from his village, ensured them jobs, helped them settle in the city and provided them money in times of crisis.Ravi did not expect that he would have to face a crisis in such a short period of his life as industrialist.In 1991 the economy faced a serious foreign exchange crisis, high government deficit and a rising trend of prices despite bumper crops.