With that potential crisis averted, the USOC will spend the next couple of months focusing on supporting its Winter athletes who are likely to qualify for Sochi and start to work out the logistics of a Winter Games that will be played many miles away.
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And if that message is sent, then I think this crisis is averted, because some of this crisis is psychological.
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Fears of a full-blown constitutional crisis were averted when the politicians appeared before the Supreme Court, and the cabinet withdrew the chief justice's suspension.
Even if the latest crisis is averted, Cyprus remains at risk of default and of exiting the Eurozone as the core of its economy, its financial system, will end up decimated.
Most likely, crisis will be averted and China's financial sector will muddle along.
Its chances for success are uncertain, but for now, the worst of the crisis could be averted by the stroke of a pen.
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The industry reacted quickly and a prolonged crisis seems to be averted.
So while the massive bailout and stimulus package may have averted a crisis in the short term, there would be grave consequences for the irresponsible spending.
We averted the crisis through advances in high-yield, disease-resistant wheat.
So he does not believe that we should be popping champagne bottles or celebrating the fact that we averted a crisis that was never necessary in the first place.
The events that caused the financial crisis might well have been averted.
But would such a structure have averted the euro crisis?
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And in March, skilful diplomacy by the army and America averted a political crisis sparked by Mr Zardari's efforts to have his more-popular rival, Nawaz Sharif, rendered ineligible for election.
So as you can presumably now see, a full-scale eurozone financial crisis can't be averted by any individual initiative but requires a whole package of remedial measures, of which strengthening the banks and enlarging the bailout fund are the two most crucial.
He added that he was confident the current Greek government would emerge from the crisis and that Wednesday's deal had averted a "catastrophe".
First, the above crisis was hardly unanticipated and could have been easily averted by simply not including company stock in the pension or 401k plan or at least not in significant amounts.
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