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Argentina has dropped plans to turn frozen savings into bonds and is exploring other ways to avoid the meltdown of its banking system, officials said today.
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Greece avoided the meltdown that an election victory by the anti-austerity Syriza party might have brought.
Though not deeply meaningful, the awards function as a much-watched marker on the road to the Oscars, assuming that next month's Academy Awards ceremony can avoid the sort of meltdown that all but consumed the Globes.
Indeed, China can probably avoid the financial meltdown widely feared in the summer.
Bahrain had developed itself as a well-regarded offshore financial centre, which employs thousands in Manama, including some of the Gulf region's most respected regulators – helping to avoid the sort of financial meltdown that recently blighted its main regional rival, Dubai.
The reason the Fed did this was to avoid the possibility of a meltdown in global asset markets and the systemic crisis that would follow.
Even if the cost of this bailout drives the dollar lower and inflation higher, it would be better to avoid a meltdown of the nation's most famous financial institutions.
Afghan officials say they hope they can avoid a meltdown of Kabul Bank — and of the country's financial system.
With these two strokes of a pen, the meltdown of Greece could be avoided and a global crisis prevented.
It was a battle to avoid the end of New York City as a viable major metropolis — an event that could have caused a global financial meltdown.
Though there is no question that the country benefited by avoiding a meltdown of the financial system, this cannot be the only yardstick by which TARP's legacy is measured.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com