Word: triggered
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...financial-services sector - home to 80% of Europe's roughly $400 billion in hedge-fund assets - accused other E.U. governments July 7 of making "political capital out of demanding intrusive regulation of an industry of which they have little or no direct experience." While it acknowledges they didn't trigger the crisis, the European Commission has insisted that "risks associated with their activities ... may in some cases have contributed to market turbulence." (See pictures of the global financial crisis...
...current approach focuses on whether or not homeowners can afford their monthly payments, and largely ignores the fact that some 20% of homeowners owe more than their house is worth - a situation known as negative equity, or being "underwater," which, according to the paper's findings, may itself trigger default...
...that meteorological trickster with the deceptively innocent name, wreaks havoc on the world's weather. Caused by an unusual warming of the eastern Pacific Ocean, El Niño can trigger storms, droughts and other weather disturbances around the planet, drying out normally wet areas and flooding dry parts. But there is a positive effect to El Niño: it tends to reduce the number of hurricanes forming in the Atlantic Ocean. El Niños produce stronger vertical wind shear - the difference in wind speed and direction over a short distance - in the Atlantic, which inhibits the production...
...that led to his mother's killing. At a rare public speech in the British town of Bradford, the 20-year-old Oxford University student - who plans to return to Pakistan and enter politics after completing his degree - told an emotionally-charged crowd of supporters: "The extremists pulled the trigger, but it was dictatorship that loaded the gun ... it was dictatorship that allowed these fanatics to thrive." (Read: "Bhutto's Son Addresses the World...
...economy improves. For example, raising interest rates - now effectively zero - too quickly could nip a recovery in the bud. "We need to be careful about the response of the market and the economy to the expected government's and central bank's exit policy," says Kanno. "Normalization policy may trigger the next downturn...