Subject
- #Meltdown
Created: 2025-05-22
Updated: 2025-05-22
Created: 2025-05-22 18:23
Updated: 2025-05-22 18:30
Pope Leo XIV was inaugurated with a ceremony in Rome over the weekend, which saw global leaders come together to mark the momentous occasion.
The appointment of Pope Leo XIV sees a return to the Catholic church’s roots.
The new pope confirmed in a meeting with the Vatican diplomatic corps that the family is founded on the “stable union between a man and a woman.”
from Sky News Australia
https://youtu.be/GgYt7cHLHrg?feature=shared
noun
an occasion when a person becomes extremely upset and is not able to deal with a problem or situation
Business English
ECONOMICS, FINANCE
a situation in which an industry, economy, etc. is badly affected by a lot of problems within a short period of time:
Analysts were watching for signs of a meltdown following problems at three of Wall Street's major investment banks.
A deadly new computer virus caused much of the internet to go into meltdown last weekend.
a meltdown in sth
A meltdown in the mortgage industry has made it more difficult to get a loan or to refinance.
a meltdown of sth
The two officials are expected to help develop a plan to prevent a meltdown of the county's finances.
be in meltdown
Since the credit crisis, the whole banking industry has been in meltdown.
financial/economic/political meltdown
a stock market/subprime/credit meltdown
a global/industry/corporate meltdown
v.
to put someone into an official position with a ceremony:
American presidents are always inaugurated on 20 January .
to put something into use or action officially:
The European Community inaugurated the Single European Market in 1993.
to mark the beginning of a new period, style, or activity:
The change of government inaugurated a new era of economic prosperity.
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