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For millions who are already vulnerable, events like the droughts in the Horn of Africa add to their hardships while continued market turmoil increases uncertainty in the global economy.
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Gifts to charities stayed unexpectedly high last year in spite of an uncertain economy, international turmoil, increased unemployment and other factors.
The political turmoil increased as a range of Aristide opponents, from peaceful dissidents to those with more militant aims, held rallies and marches this fall, demanding that Mr. Aristide step down.
A14 Charitable Giving Unchanged Charitable giving held up last year, in spite of an uncertain economy, international turmoil, increased unemployment and other factors that might have put a damper on it, according to an annual tally of charitable contributions.
Outside these countries, Turkey, South Africa, Malaysia, and even Mexico are suffering from a combination of political turmoil, increased borrowing costs, weakening currencies and weak investor sentiment.
Facing an industry meltdown as global market turmoil increased (i.e. massive oversupply), trade wars expanded, and domestic manufacturers faced insolvency the government moved quickly to stimulate domestic demand.
The contemplation of an America minus Twinkies began late last week, when Hostess Brands Inc. announced its intention to file for bankruptcy, and shed its assets and a legacy of years of debt problems, management turmoil, increasing labor costs and healthier eating habits.
The revision was because of "weaker demand, contract renegotiation, reduced cash flow, geopolitical turmoil and increased resource nationalism," it said.
The revision was owing to "weaker demand, contract renegotiation, reduced cash flow, geopolitical turmoil and increased resource nationalism," it said.
That effort, which would have repurchased all the company's stock, was terminated because of bond market turmoil and increased interest rates.
On the supply side, fracking and other techniques have made huge amounts of North American oil newly available, while Libya and Iraq, which had been exporting less oil because of their civil turmoil, started increasing output again.
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