MicrasWiki:Featured/November, 2024

The Recession of 1737 is an ongoing global economic downturn that began in the second quarter of 1737 AN, affecting nations across multiple continents and economic blocs. While initially impacting Raspur Pact members like Nouvelle Alexandrie, Oportia, and Natopia most severely, the recession's effects have spread to other nations including Aerla, Senya, and parts of the Imperial Federation, demonstrating the interconnected nature of the global economy. The crisis was primarily triggered by the sudden collapse of Normark and Anahuaco, which caused significant disruptions to international trade routes and financial markets, and by the effects of the ongoing, grueling conflict in Benacia. More...