The <i>financial crisis</i> in the German and English press: Metaphorical structures in the media coverage on Greece, Spain and Italy

Bickes, Hans; Otten, Tina; Weymann, Laura Chelsea

doi:10.1177/0957926514536956

Cited by 117 publications

(62 citation statements)

References 3 publications

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“…Throughout the three covers, a story unfolds that only gets worse: from the blue sky background in the first cover, to the tempest background of the second, to the third cover depicting the disastrous results after the tempest has struck. The magazine editors have thus exploited the metaphor of the crisis as tempest and flood to the full (see Bickes et al, 2014;Bounegru and Forceville, 2011). It is worth noting, however, that the two last covers suggest that the natural disaster hits Greece locally, since the tempest is shown approaching the Venus of Milo and it is the Venus of Milo and the Parthenon that are flooded, no other symbols referring to Germany or Europe (compare with the destruction metaphors in Der Spiegel).…”

Section: Focusmentioning

confidence: 96%

“…The symbols for Greece and the Greek people are used circumstantially to locate the crisis. All three covers make use of metaphors of destruction as discussed in Bickes et al (2014), representing the crisis as a downward movement, as death or as earthquake, and thereby backgrounding the responsibility of Greece but also of other agents, like banks and politicians (with the exception of the first cover where a man in black suit appears). Unlike the natural disaster metaphors in the covers of Focus, the ones depicted in the covers of Der Spiegel appear to affect Europe as a whole not just Greece.…”

Section: Der Spiegelmentioning

confidence: 99%

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Multimodal argumentation in news magazine covers: A case study of front covers putting Greece on the spot of the European economic crisis

Tseronis

2015

Discourse, Context & Media

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a b s t r a c tIn this paper, front covers of news magazines are studied as a distinct multimodal genre that invites readers to buy the magazine not only by attracting their attention but also by assuming a position with respect to the particular cover story. In order to account for the argument that a front cover may convey in support of that position, an argumentative reconstruction is required that also needs to take seriously into account the way in which the verbal and the visual modes interact to create meaning. The study proposes a multimodal argumentation perspective on the systematic reconstruction of the arguments that front covers of news magazines put forward. As a case in point, six covers by two German weekly news magazines are analysed, featuring the role of Greece in the eurozone crisis in the period

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Section: Focusmentioning

confidence: 96%

Section: Der Spiegelmentioning

confidence: 99%

Multimodal argumentation in news magazine covers: A case study of front covers putting Greece on the spot of the European economic crisis

Tseronis

2015

Discourse, Context & Media

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“…Thus, this study acknowledges that media discourse across countries and languages frequently differs with respect to semantics and thematic structures (Oberhuber et al 2005), discourse positioning (Bickes, Otten, and Weymann 2014) and discursive strategies (Lundström 2013). However, such differences are not considered an obstacle for the current analysis.…”

Section: Materials and Analysismentioning

confidence: 99%

“…Elite daily newspapers from countries characterized by different foreign policy agendas and geopolitical contexts were selected, although without any purposes of comparison. This approach was adopted due to the documented effects of foreign policy and the political contexts of the country of publication on the ideological character of foreign news reporting (Herman and Chomsky 2002), and on media discourse in general (Bickes, Otten, and Weymann 2014;Lundström 2013;Oberhuber et al 2005). The NYT is an internationally leading newspaper that is published from a country situated at the center of global capitalism that for more than a century has conceived of Latin America as its 'backyard'.…”

Section: Materials and Analysismentioning

confidence: 99%

Through eurocentric logics

Abalo

2016

JLP

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This study aims to explore the construction of difference in foreign news discourse on culturally similar but politically different non-Western subjects. Applying critical discourse analysis (CDA) together with a critique of Eurocentrism, the study examines difference in newspaper constructions of government supporters and oppositional groups in Venezuela. Discursive differences are evident in the strategies used for constructing the two groups with regard to political rationality and violence. Government supporters are associated with social justice, Venezuela’s poor, dogmatic behavior, and the use of political violence. The opposition, in contrast, is constructed as following a Western democratic rationale that stresses anti-authoritarianism. This group is primarily associated with victims of violence. While the opposition is conveyed as being compatible with Eurocentric values and practices, government supporters to great extent deviate from these norms. Such constructions serve to legitimize politico-ideological undercurrents of Eurocentrism, as the defense of liberalism.

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“…Usually, the shock caused by the financial crisis is not confined to the country of its origin. It also affects other countries, spreading like a contagious virus [2]. To study this phenomenon, researchers introduced the concept of financial contagion.…”

Section: Introductionmentioning

confidence: 99%

Mutual Information Based Analysis for the Distribution of Financial Contagion in Stock Markets

Wang¹,

Xia²

2017

Discrete Dynamics in Nature and Society

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This paper applies mutual information to research the distribution of financial contagion in global stock markets during the US subprime crisis. First, we symbolize the daily logarithmic stock returns based on their quantiles. Then, the mutual information of the stock indices is calculated and the block bootstrap approach is adopted to test the financial contagion. We analyze not only the contagion distribution during the entire crisis period but also its evolution over different stages by using the sliding window method. The empirical results prove the widespread existence of financial contagion and show that markets impacted by contagion tend to cluster geographically. The distribution of the contagion strength is positively skewed and leptokurtic. The average contagion strength is low at the beginning and then witnesses an uptrend. It has larger values in the middle stage and declines in the late phase of the crisis. Meanwhile, the cross-regional contagion between Europe and America is stronger than that between either America and Asia or Europe and Asia. Europe is found to be the region most deeply impacted by the contagion, whereas Asia is the least affected.

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The financial crisis in the German and English press: Metaphorical structures in the media coverage on Greece, Spain and Italy

Abstract: The German media presentation of the so

Cited by 117 publications

References 3 publications

Multimodal argumentation in news magazine covers: A case study of front covers putting Greece on the spot of the European economic crisis

Multimodal argumentation in news magazine covers: A case study of front covers putting Greece on the spot of the European economic crisis

Through eurocentric logics

Mutual Information Based Analysis for the Distribution of Financial Contagion in Stock Markets

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