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World Financial, Good Economic News Timeline Saturday, February 13 Bookmark and Share     Author
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Paulson: US bail-out working  US Treasury Secretary: The $700bn bail-out package has already 'clearly helped stabilise' the financial system European banks rescue plan agreed
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Banks rescue suicide billionaire's interests  Two days after the suicide of Adolf Merckle, one of Germany's richest men, banks agreed to rescue his business holdings Citigroup secures U.S. government lifeline
Goldman Sachs sees bumper profit


year 2009 Top ^

Jul.14   New York
  US bank reported a net profit of $3.44bn for April to June, beating analysts' forecasts
Jan.7   Germany


year 2008 Top ^

Nov.23   Washington
  The government outlined a massive rescue package that would inject another $20 billion into the banking giant, shares of which have plunged.    The treasury and the Federal Deposit Insurance Corp will also guara...
Nov.12   Washington
Oct.12   Paris
  European leaders meeting have agreed a plan to tackle the banking crisis, saying no big institution will be allowed to fail


year 2006 Top ^

Apr.20   Nigeria Nigeria settles Paris Club debt
  Nigeria is becoming the first African nation to settle with its lenders to clear the way for greater spending

year 2005 Top ^

Dec.16   Belgium EU leaders agree 7-year budget
  The leaders agreed on a spending plan for the bloc seen as key to shaping the future of an enlarged EU


year 2002 Top ^

Feb.11   Argentina Peso passes first test
  Peso, floating freely for the first time in a decade, ended trading stable against the dollar Jan.1   European Union   Euro mark celebrations
  People lined up in freezing temperatures to get a jump on the most ambitious currency swap in history
 The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. The official spelling of the euro is 'euro' in the Latin script. The euro is divided into 100 cents


year 2001 Top ^

Oct.3   Washington   Bush package to boost economy
  President has announced a revitalisation package of $60bn to $75bn to avert a recession following suicide attacks Aug.30   European Union   Euro officially launched  European Central Bank says euro will unify Europe

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