|
|
| Oct.1 |
 U.S. Senate |
 |
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
|
| |
U.S. Senate |
|
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
|
| |
U.S. Senate |
|
 US approves Indian nuclear deal The Senate is ending a three-decade ban on US nuclear trade with Delhi, by the 86-13 vote
|
| |
Washington |
|
 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
|
| Oct.3 |
House of Representatives |
|
House backs $700bn bail-out plan 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 |
 |
 U.S. to sell $6.4b in weapons to Taiwan The move bound to anger China. The administration expects congressional approval quickly
|
| |
Washington |
 |
 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
|
| Oct.6 |
Washington |
|
  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'
|
| Oct.7 |
New York |
|
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
|
| Oct.8 |
 London |
|
World's central banks slash interest rates| 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 José 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 | |
|
|
Washington
Politics
War & Army
Business
Crime
Financial
Main Event: House backs $700bn bai... 
