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  2. 2008–2011 Icelandic financial crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2011_Icelandic...

    The values of other equities varied from +8% to −15%. Trading in shares of Exista, SPRON and Straumur-Burðarás (13.66% of the OMX Iceland 15) remains suspended. After a week of very thin trading, the OMX Iceland 15 closed on 17 October at 643.1, down 93% in króna terms and 96% in euro terms from its historic high of 9016 (18 July 2007).

  3. Causes of the Great Recession - Wikipedia

    en.wikipedia.org/wiki/Causes_of_the_Great_Recession

    By the end of 2007, 15 institutions with combined shareholder equity of $857 billion had total assets of $13.6 trillion and off-balance-sheet commitments of $5.8 trillion—a total leverage ratio of 23 to 1. They also had underwritten derivatives with a gross notional value of $216 trillion.

  4. Balanced field takeoff - Wikipedia

    en.wikipedia.org/wiki/Balanced_field_takeoff

    Balanced field takeoff. In aviation, a balanced field takeoff is a condition where the takeoff distance required (TODR) with one engine inoperative and the accelerate-stop distance are equal for the aircraft weight, engine thrust, aircraft configuration and runway condition. [1] For a given aircraft weight, engine thrust, aircraft configuration ...

  5. List of countries with highest military expenditures - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_with...

    Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and Purchasing Price Parity in those countries. [3] [4] 40 Countries with the highest military spending worldwide in 2023 [1] SIPRI Military Expenditure Database [5] List by the International Institute for Strategic Studies.

  6. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    Money portal. v. t. e. A value-added tax ( VAT or goods and services tax ( GST ), general consumption tax (GCT) ), is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the consumer who ultimately ...

  7. Economy of the United States - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_United_States

    The U.S. accounted for 26% of the global economy in 2023 in nominal terms, and about 15.5% in PPP terms. [11] [46] The U.S. dollar is the currency of record most used in international transactions and is the world's reserve currency , backed by a large U.S. treasuries market , its role as the reference standard for the petrodollar system , and ...

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