What is a synonym of the word crisis?

What is a synonym of the word crisis?

Some common synonyms of crisis are contingency, emergency, exigency, juncture, pinch, straits, and strait.

What is another word for crisis point?

What is another word for crisis point?

flashpoint peak
high point crisis
exigency juncture
emergency extremity
crunch crossroads

Whats the opposite of a crisis?

Opposite of a crucial or decisive point or situation. certainty. clarity. assurance. lucidity.

How do you describe a crisis?

A crisis (plural: “crises”; adjectival form: “critical”) is any event or period that will lead, or may lead, to an unstable and dangerous situation affecting an individual, group, or all of society.

What is a crisis point?

/ˈkraɪ.sɪs ˌpɔɪnt/ a time when a situation will either become very bad or begin to get better: The relationship between the dictator and the military leadership had reached a crisis point.

What recovery means?

1 : the act, process, or an instance of recovering especially : an economic upturn (as after a depression) 2 : the process of combating a disorder (such as alcoholism) or a real or perceived problem. Synonyms Example Sentences Learn More About recovery.

How did the oil crisis affect the global economy?

Oil Crisis in 2015 Affecting Global Economy. Between July 2014 and the end of October, oil prices dropped more than 22%, from $105.00 per barrel to $81.00 per barrel as a result of increased supply and a weakening global economy—the worst metrics from a supply/demand perspective.

Why did the oil market crash in 2012?

By 2012 or 2013 at the latest, the global oil market was on an unsustainable trajectory with stagnating fuel demand meeting rapidly increasing supply. The only solution was a sharp fall in prices, which had been above $100 per barrel, to curb demand destruction and reduce investment in new sources of production.

Why did crude oil prices fall in 2015?

Crude futures declined in late-September 2015 when it became clear that oil stockpiles were growing amid increased production. The Energy Information Administration (EIA) reported on September 30, 2015, that U.S. commercial crude oil inventories rose by 4.5 million barrels from the previous week.

What did Congress do about the oil crash?

In 2007, responding to a further increase in oil prices to around $70, Congress passed the Energy Independence and Security Act, which stiffened the blending targets even further and raised fuel-economy standards for vehicles sold in the United States.

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