The explanation for this expansion of the central bank is obvious: Faced with crisis in concerns in the market and the economy, they felt they had to do what they could do (not just central bank but the Treasury as well, to take action to stop deterioration and promote stability).
Supporters say that the country always seems to shuffle its feet but then snaps into action when faced with a crisis.
Once again - faced with a crisis - Europe's leaders have gambled.
Cisco and Wal-Mart are both faced with this crisis of success.
Cisco (nasdaq: CSCO - news - people ) and Wal-Mart (nyse: WMT - news - people ) are both faced with this crisis of success.
For those of us who teach management students, and in particular for those schools like Yale School of Management, which focus on leadership in service to society, another important question is how a firm like BP, faced with a crisis, should deal with the public.
Faced with a humanitarian crisis, there is often an irresistible public pressure to do something.
Like boards of directors faced with a leadership crisis, the college of cardinals is thrown into chaos.
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Faced with a financial crisis in 1991, Manmohan Singh, now prime minister and then finance minister, introduced sweeping liberalising reforms.
Meanwhile, faced with yet another Balkan crisis, this time in Macedonia, the Europeans and Americans are working closely together, both diplomatically and militarily.
Faced with a worsening fiscal crisis and a Pentagon management team preoccupied by the fight ashore, the Navy had to come up with something radically different to arrest the decline in warship numbers.
Vonage Holdings may be putting its patent disputes behind it, but the Internet telephony company is now faced with a credit-crunch crisis.
Faced with any problem, any crisis - given any excuse - Labour grasp for more information, pulling more and more people into the clutches of state data capture.
The identity crisis that Hispanics are faced with each day has made it difficult for them to advance, thus damaging their identity and limiting their contributions to the economy.
The country was faced with catastrophic economic decline, a global financial crisis.
Investors will be faced with dramatic distortions looming in the post-crisis global economy as a result of this failure to come to terms with the currency crisis and trade imbalance.
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Unfortunately, the least risky approach politically is also the most dangerous: do nothing until the world is faced with a cataclysm and then slip into a frenzied crisis mode.
Which lender, whether in receipt of government funds or not, would believe in "green shoots" when faced with a looming threat that might make the subprime crisis look like the warm up?
But faced with growing discontent over Greece's handling of the crisis, the country's political leaders have been reluctant to sign off on the overhaul, which is seen as capable of sparking social upheaval.
WSJ: Greek Party Leaders Struggle to Resolve Overhaul Differences
Five days later, alone and with only his tent as shelter, he faced his first crisis: a blizzard.
The greater scale does not alter the fact that, in principle, the Japanese banking crisis has much in common with the problems faced, and dealt with, in America and Scandinavia.
And then we'll be faced--if we get through this crisis--with how we undo the type of emergency actions that have been taken in a way that doesn't leave us with another problem.
And then as the financial crisis hit with its full force, America faced a hard and once unimaginable reality, that two of the Big 3 automakers -- GM and Chrysler -- were on the brink of liquidation.
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The California Department of Financial Institutions, faced with a growing number of consumer complaints directed at financial institutions in the wake of the global economic crisis, needed a solution to process citizen requests faster and to improve case-tracking and recordkeeping.
That said, the present crisis is undoubtedly the most serious the two nations have faced since the 1971 war and even with major international diplomatic input it will still be extremely difficult to find a face-saving formula to allow the protagonists to disengage.
While today we are a successful growth company executing on a powerful vision, not so long ago, SAP was faced with the very unpleasant task of cutting 3000 people from its payroll worldwide when software sales dropped sharply during the economic crisis in 2009.
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