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Washington, D.C., October 2008 Timeline Friday, December 8 Bookmark and Share     Author
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Bail-out Plan (2)   House of Representatives, 2008   USA Parliament (155)   Interest Rates (12)   USA & Afghanistan (66)

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B. 10-01 Senate urged to back crisis bill U.S. Senate
2. 10-01 Senate backs new bail-out bill U.S. Senate
10-03 House backs $700bn bail-out plan House of Representatives
E. 10-03 U.S. to sell $6.4b in weapons to Taiwan Washington
F. 10-03 Bush warns of economic challenges Washington
G. 10-06 Rice: Iraq harder than 'I imagined' Washington
7. 10-07 Wall Street flat as Fed unveils new plan New York
I. 10-08 US warns of further bank failures Washington

U.S. to sell $6.4b in weapons to Taiwan  The move bound to anger China. The administration expects congressional approval quickly   Bush warns of economic challenges  President Bush has warned the US economy continues to face 'serious challenges' after signing a $700bn financial sector rescue plan   Rice: Iraq harder than 'I imagined'  Secretary of State said the road for the U.S. in Iraq has been 'harder, longer, and more difficult than I personally imagined' Wall Street flat as Fed unveils new plan  The Federal Reserve announced plans earlier to buy-up short-term debt, a.k.a. commercial paper, directly from companies World's central banks slash interest rates
Senate urged to back crisis bill  Democratic and Republican Senate leaders have appealed for a new version of a $700bn Wall Street bail-out to be approved in a key vote Senate backs new bail-out bill  The Senate, 74 to 25, has approved a new version of a $700bn rescue plan for the troubled US financial system US approves Indian nuclear deal  The Senate is ending a three-decade ban on US nuclear trade with Delhi, by the 86-13 vote U.S.-Syria talks may be step toward thaw  The United States and Syria held a series of meetings, signaling a possible thaw between the two countries House backs $700bn bail-out plan


October 2008 ... more > Top ^
Oct.1   U.S. Senate  
  U.S. Senate  
  U.S. Senate  
  Washington  
Oct.3   House of Representatives  
  The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector
 The package is to buy the bad debts of failing financial institutions on Wall Street. The vote was the second in a week, following its shock rejection of an earlier version. Bush praised lawmakers for their spirit of co-operation before signing the bill into law
  Washington  
  Washington  
Oct.6   Washington  
Oct.7   New York  
Oct.8   London  
  The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses.    Six central banks cut interest ...
  Washington   US warns of further bank failures   Treasury secretary Paulson has warned some banks will still fail despite the $700bn rescue package to shore up the financial system Oct.10   Washington     Bush vows to stabilise US economy  President has promised the American people the U.S. government is working 'aggressively' to restore stability to the economy   U.S. Congress   Bush urged to meet with G8 over economy  Congressional leaders Reid and Pelosi urged the President to call an emergency meeting with the G8 to address international financial instab...   Washington     U.S. would support talks with Taliban
  Defense Secretary Robert Gates said the U.S. would be prepared to reconcile with the Taliban if the Afghan government pursued talks
  Washington   G7 nations pledge to fight crisis  Finance ministers from leading industrialised nations have pledged action to tackle the crisis after a torrid week on stock markets Oct.11   Washington   U.S. takes North Korea off terror list
  State Department: The United States removed North Korea from its list of states that sponsor terrorism
  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' Oct.14   Washington   Plans to buy stakes in major banks  Bush announces new measures to attack the current economic crisis including plans for the government to buy stakes in major banks Oct.18   Washington     Bush meets Sarkozy  President Bush meets with French President Sarkozy and European Commission President Josť Manuel Barroso Oct.29   Washington     Treasury spends $125 billion on 9 banks
  The Treasury Department spends $125 billion of its $700 billion bailout fund on banks, some of whom had argued that they did not need the money



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Washington, October 2008, Location by Topic
Location Business Politics Financial Macroeconomics Parliament War & Army
North America
Senate backs new bail-out bill
US approves Indian nuclear deal
House backs $700bn bail-out plan
Wall Street flat as Fed unveils new plan
Senate backs new bail-out bill
Senate urged to back crisis bill
US approves Indian nuclear deal
House backs $700bn bail-out plan
Senate backs new bail-out bill
House backs $700bn bail-out plan
Wall Street flat as Fed unveils new plan
Bush urged to meet with G8 over economy
Senate backs new bail-out bill
House backs $700bn bail-out plan
Bush urged to meet with G8 over economy
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U.S. Congress
Senate backs new bail-out bill
US approves Indian nuclear deal
House backs $700bn bail-out plan
Senate backs new bail-out bill
Senate urged to back crisis bill
House backs $700bn bail-out plan
Senate backs new bail-out bill
House backs $700bn bail-out plan
Bush urged to meet with G8 over economy
Senate backs new bail-out bill
House backs $700bn bail-out plan
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U.S. Senate
Senate backs new bail-out bill
US approves Indian nuclear deal
Senate backs new bail-out bill
Senate urged to back crisis bill
Senate backs new bail-out bill
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Senate backs new bail-out bill
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New York
Wall Street flat as Fed unveils new plan
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Wall Street flat as Fed unveils new plan
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House of Representatives
House backs $700bn bail-out plan
House backs $700bn bail-out plan
House backs $700bn bail-out plan
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House backs $700bn bail-out plan
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United Kingdom
World's central banks slash interest rates
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World's central banks slash interest rates
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