Sentence examples for collapse of local from inspiring English sources

In 2009, only an emergency accord among lenders, known as the Vienna Initiative, prevented wholesale capital flight and the collapse of local banks.

The report says: "Either OBL was extremely fortunate to not run into anyone [committed] to doing his job honestly, or there was a complete collapse of local governance".

Italy's economic decline over the last decade has hit Parma particularly hard, due to the collapse of local dairy giant Parmalat 12 years ago.

But it is like a catch-all formulation to cover the long fallout from the collapse of local industrial culture, bonds and traditions.

The immediate impact of British imperial free-trading was often the collapse of local indigenous industries which were in no position to compete, and a consequent destruction of livelihoods and communities.

In Peru, Ecuador and most recently the Dominican Republic, with the attraction of its huge traffic between Santo Domingo and New York and Miami, the company established subsidiaries after the collapse of local carriers.

The new Islamism filled a gap left by the near-collapse of local and federal services, from road upkeep to education, at a time of dreadful mismanagement.

In an effort to work out the scale of the potential exposure of public bodies to the Icelandic banking collapse, leaders of local councils met with John Healey, the local government minister, yesterday.

Local trade union official Mico Rakic said the recent collapse of the local wood mill meant another 300 people had lost their livelihoods.

Even as my trip entered its third and fourth weeks, even after I'd written about local museums and the regeneration of downtown and the collapse of the local housing market, nary a meeting went by without someone admitting some variation of "everybody here is saying you're a dick, but I think you're ok".

The collapse of a local vanmaker, LDV, pushed many into low-quality service jobs.