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Europe, Bad Economic News Timeline Saturday, October 11     Author
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  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 Darling warns of economic crisis  Chancellor Alistair Darling: The UK is facing its worst economic crisis in 60 years; the economic downturn would be more 'profound and long-lasting'   Europe's biggest economies stop growing  Euro-zone growth braked sharply in the second quarter as Germany, France and Italy shrank; high fuel, food prices holding back consumer spending UK warns of damage in TNK-BP row  The British embassy has warned of the damage being done by the dispute between TNK-BP's shareholders Fuel prices see strikes spread globally  Rising fuel prices led to protests, with fuel tanker drivers starting a 4-day strike in Britain and truck drivers holding protests across S Rogue trader to cost SocGen $7bn
World News Business (415) Bad Economic News (137) Europe
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Alitalia airline cancels flights
Sep. 19   Rome
  Alitalia has cancelled a number of flights from Fiumicino airport, increasing fears that the carrier may soon go into liquidation

Sep.11   European Union


August 2008 ... more > Top ^

Aug.29   London
Aug.14   European Union


July 2008 ... more > Top ^

Jul.25   Moscow


June 2008 ... more > Top ^

Jun.13   United Kingdom


January 2008 ... more > Top ^

Jan.24   Paris
  Bank Societe Generale as uncovered 'massive' fraud by a trader which resulted in a loss of 4.9bn euros


year 2007 Top ^

Aug.15   London World markets continue to slide
  The FTSE-100 slid 0.6% France's CAC-40 declined 0.6% and Germany's DAX lost 0.5%. Asia, Tokyo and New Zealand closed at 9-month lows
Mar.14   European Union New fears rekindle global sell-off
  Concerns over a weak housing market in the United States are coupled with worries about growth in the U.S. economy.    Nervous investors are sending major indexes tumbling by between 2 and 3%. The U...


year 2006 Top ^

Oct.30   London Warming 'may cause economic chaos'
  A top economist: Climate change could devastate the global economy on a scale of the 2 world wars
Sep.12   Switzerland   UNCTAD: Palestinian economy in danger  The Palestinian economy is leading to a worsening this year of already high unemployment and poverty levels Jan.18   European Union Tokyo troubles hit Europe markets  European markets have seen sharp falls as investors took fright at the abrupt closure of the Japan exchange

year 2004 Top ^

May.4   European Union Sasser worm 'hits 1m PCs,'  The rapidly evolving computer worm tore across the Internet disrupting corporate and home computer systems Jan.31   England BA, Air France cancel U.S. flights
  British Airways and Air France canceled 5 flights to Washington and Miami because of security concerns

year 2003 Top ^

Oct.24   London   Last Concorde flights touch down
  3 needle-nosed jets have touched down in London in a spectacular finale to the era of supersonic travel

year 2002 Top ^

Jul.11   European Union Europe caught in Wall St tailspin  Bourses in European capitals were pummeled, after news Qwest to face a probe into its finances

year 2001 Top ^

Sep.11   European Union European stock markets plummeted  Aftermath of the terror attack on U.S. Feb.21   Turkey Money market crisis  Banks rushed to buy billions of dollars, shares on the main index have lost 29%

year 2000 Top ^

Dec.15   Ukraine Chernobyl down permanently  Nuclear power station has been officially closed down, 14 years after the explosion



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