decline in prices
21Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
22United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …
23Norway — /nawr way/, n. Norwegian, Norge. a kingdom in N Europe, in the W part of the Scandinavian Peninsula. 4,404,456; 124,555 sq. mi. (322,597 sq. km). Cap.: Oslo. * * * Norway Introduction Norway Background: Despite its neutrality, Norway was not able …
24commodity trade — ▪ economics Introduction the international trade in primary goods. Such goods are raw or partly refined materials whose value mainly reflects the costs of finding, gathering, or harvesting them; they are traded for processing or… …
25Fall of the Ottoman Empire — issues cleanup=Sep 2008 refimprove=Sep 2008 wikify=Sep 2008 Republic of Turkey (superimposed upon modern borders). Some scholars argue the power of the Caliphate began waning by 1683, and without the acquisition of significant new wealth the… …
26United States housing bubble — The United States housing bubble is an economic bubble in many parts of the United States housing market including areas of California, Florida, New York, Michigan, the Northeast Corridor, and the Southwest markets. On a national level, housing… …
27Vietnam — /vee et nahm , nam , vyet , vee it /, n. 1. Official name, Socialist Republic of Vietnam. a country in SE Asia, comprising the former states of Annam, Tonkin, and Cochin China: formerly part of French Indochina; divided into North Vietnam and… …
28Market trends — In investing, financial markets are commonly believed to have market trends [ [http://www.investorwords.com/5067/trend.html Investorswords.com] , retrieved 30 May 2007.] that can be classified as primary trends, secondary trends (short term), and …
291973 oil crisis — Further information: 1973 world oil market chronology 1973 Oil Crisis Other names Arab Oil Embargo The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the …
301980s oil glut — The 1980s oil glut was a surplus of crude oil caused by falling demand following the 1973 and 1979 energy crises. The world price of oil, which had peaked in 1979 at over US$35 per barrel, collapsed in 1986 from $27 to below $10. [cite news title …
