The term crony capitalism made a significant impact in the public arena as an explanation of the Asian financial crisis.
Hawaiian eruptions may occur along fissure vents, such as during the eruption of Mauna Loa Volcano in 1950, or at a central vent, such as during the 1959 eruption in KÄ«lauea Iki Crater, which created a lava fountain 580 meters (1,900 ft) high and formed a 38-meter cone named Pu Ê» u Pua Ê» i.ery little amounts of volcanic ash are produced. This type of eruption occurs most often at hotspot volcanoes such as KÄ«lauea and Iceland, though it can occur near subduction zones (e.g. Medicine Lake Volcano in California, United States) and rift zones.
The volcano had several violent eruptions in the past causing loss of life in the island and the populated areas surrounding the lake, with the death toll estimated at around 5,000 to 6,000.here have been 33 recorded eruptions at Taal since 1572. The first eruption of which there is any record occurred in 1572, the year the Augustinian friars founded the town of Taal on the shores of the lake (on what is now San Nicolas, Batangas).