  World News
  World Bad Economic News (175)
 Business (559)
 Bad Economic News (175)
 Financial, Bad Economic News
  Financial, Bad Economic News on Wikipedia
 Financial, Bad Economic News on Web
 Financial, Bad Economic News Books
|
|
|
| Dec.8 |
 Dubai |
Utility faces $2B debt demand The credit downgrades of government-owned companies have triggered a payment clause on a debt issued by the emirate's utilities provider
|
| Nov.10 |
 China |
Chinese credit card debt mounts Credit card issuance is up 32 percent in the past year. Credit card debt is up more than 130 percent to $838 million
|
| Jul.26 |
 Cuba |
 Castro calls for tight finances in Cuba Castro said in a speech marking Revolution Day that the nation will face a second round of belt-tightening as a result of the global financial crunch
|
| May.7 |
 USA |
Ten US banks fail 'stress tests' Ten of America's largest 19 banks need a combined $74.6bn of extra funds to boost their cash reserves. Bank of America is the most at risk
|
| Apr.21 |
 Global |
 Meltdown losses of '$4 trillion' IMF has warned that potential losses from the credit crunch could reach $4 trillion and damage the financial system for years to come
|
| Mar.2 |
 Moscow |
Russia admits financial mistakes Russia's finance minister Alexei Kudrin made a rare admission of responsibility for the country's severe economic crisis
|
| Jan.16 |
New York |
Citigroup to split as losses grow| Struggling banking giant has announced plans to split the firm in two, Citicorp and Citi Holdings, as it reported a quarterly loss of $8.29bn | |
|
| Jan.10 |
 Zimbabwe |
Zimbabwe introduces new $50 billion note The central bank will introduce a $50 billion note, enough to buy 2 loaves of bread, as a way of fighting cash shortages amid spiraling infl...
|
|
| |
|
| Oct.11 |
Washington |
IMF in global 'meltdown' warning  The head of the International Monetary Fund: The world financial system is teetering on the 'brink of systemic meltdown'
|
| Sep.21 |
New York |
US banks make shock status switch Goldman Sachs and Morgan Stanley are to become bank holding companies, allowing them to take deposits from investors
| They are the last two major investment banks in the US
|
| |
|
| Sep.15 |
 Japan |
  Lehman collapse hits Asian shares| Global markets were reeling after a historic day on Wall Street that saw 2 famous names become the latest victims of the credit crunch | |
|
| |
|
| Sep.11 |
European Union |
 Economic gloom depresses the euro The euro has hit a fresh one-year low against the dollar amid renewed worries about the health of the European economy
|
| Sep.10 |
USA |
Lehman shake-up as losses mount Troubled bank Lehman Brothers has reported a massive third quarter net loss and outlined radical plans to strengthen its finances
|
| Aug.8 |
USA |
Fannie Mae unveils loss of $2.3bn Problems in the US housing market have pushed mortgage finance company into the red
|
| Jul.19 |
Zimbabwe |
$100 billion banknotes introduced Troubled central bank introduced new $100 billion banknotes in a desperate bid to ease the recurrent cash shortages plaguing the economy
|
| Apr.18 |
USA |
Citigroup sees second giant loss The biggest US bank has suffered a second massive loss and is cutting 9,000 jobs as the credit crisis continues to take its toll
|
| Jan.24 |
 Paris |
Rogue trader to cost SocGen $7bn | Bank Societe Generale as uncovered 'massive' fraud by a trader which resulted in a loss of 4.9bn euros | |
|
|
| Dec.24 |
Zimbabwe |
Hours-long lines to get scarce currency Thousands of Zimbabweans waited for hours to get currency from the banks so they could buy food and board buses for Christmas trips
|
| Dec.12 |
Washington |
Central banks act on credit fears The Federal Reserve, European Central Bank and central banks from the UK, Canada and Switzerland are to jointly help banks
|
|
| Feb.19 |
 West Bank |
 Abbas warns of financial crisis Palestinian leader has said the Palestinian Authority is facing a 'real financial crisis'
|
|
| |
|
| May.17 |
Washington |
Tensions rise over China currency The U.S. Treasury Department is saying China could be deemed a 'manipulative trade partner' if it does not revaluate
|
|
| Dec.23 |
USA |
Battered dollar hits another low| The greenback hit $1.3516 in the trade after data fuelled fresh concerns about the US economy | |
|
|
| Jun.28 |
New York |
Accounting panic hits Xerox
|
| Apr.19 |
Argentina |
Bank freeze ordered
|
| |
|
|
| Sep.12 |
New York |
Insurers face claims up to $15bn Owners of the World Trade Center had insured only one of the 2 towers
|
| Feb.21 |
Turkey |
Money market crisis
|
|
 San Francisco Bay Financial News Timeline
Add a favorite (file a bookmark) to Financial, Bad Economic News News Timeline
Please send feedback to: support@mapreport.com
Advertise on Financial, Bad Economic News Page
|
Financial, Bad Economic News
