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American Presidents don't get to choose where the world's crises erupt, and for this President, the Middle East has remained the region most in need of his attention.
Recessions kick in, financial crises erupt, yet these events have generally been thought of as the exception, a temporary departure from an otherwise steady upward progression.
"On the one hand, the large amounts of money involved in these rescues often fail to achieve the desired aims of calming nerves, halting the withdrawal of capital and helping countries regain their footing when crises erupt.
On November 7th a group of charities including MSF, Red Cross and HOT unveiled MissingMaps.org, a joint initiative to produce free, detailed maps of cities across the developing world before humanitarian crises erupt, not during them.Audio and Video content on Economist.com requires a browser that can handle iFrames.Read the full story here.
It is often pointed out that "for every bad borrower, and for every failed project, there is also a culpable lender or investor". This observation is particularly apt for the debate now raging in the capital markets: should private bankers and investment managers bear a greater share of the costs when financial crises erupt in emerging economies?
Thus when crises erupt, the government possesses little breadth of support to rally around the regime.
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Obviously other crises erupted instead — the Iran-Iraq War, the first Intifada, the invasion of Kuwait.
It is Germany, more often than not, that took risks when crises erupted.
Immigration crises, erupting like long-dormant volcanoes every few years, have redefined what 'immigrant' means to us.
Seriously, no one person can fix the range and complexity of crises erupting right now.
Then, in the spring of 1931, another crisis erupted.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com