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Summary.     Click for More > Mexico shuts down to control flu Court jails Pirate Bay founders G20 leaders seal $1tn global deal  Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis GM chairman to leave car maker IMF: Global economy worst in 60 years  The economic slowdown is so severe that the worldwide economy will contract for the first time in 60 years G20 leaders vow to restore growth   Finance ministers from the rich and emerging nations have pledged to make a 'sustained effort' to pull the world economy out of recession US shares at nearly 12-year low  The Dow Jones closed down 3.41%, at 7,114.8, its lowest since 1997 on concerns about the attempts to shore up the banks
Fraudster Madoff gets 150 years GM enters bankruptcy protection

year 2009 ... more >
Mon.   New York
Jun.1   New York
  Car giant General Motors has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history.    General Motors had seen its losses widen following a steep fall in sales ...
Apr.30   Mexico
Apr.17   Sweden
Apr.2   London
Mar.29   Detroit
Mar.20   Global
Mar.14   London
Feb.23   New York

  Fraudster Madoff gets 150 years  Bernard Madoff has been given the maximum prison sentence for masterminding a massive fraud that robbed investors of $65bn GM enters bankruptcy protection

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BT offers holidays for pay cuts

year 2009 ... more > Top ^


July 2009 ... more > Top ^
Yesterday   United Kingdom
  The former state-owned telecommunications giant is offering staff the chance of long holidays in return for a big pay cut
 Los Angeles  Jackson tickets via internet draw
Thu.  Japan  Love hotel business zooms
Wed.  Panama  Supermarket tycoon sworn in as president
 Los Angeles  Jackson leaves estate to family
 Iran  BP, Chinese win lucrative oil contract

June 2009 ... more > Top ^
Tue.  China  China delays internet filter plan
Mon.   New York
Jun. 11  Paris  Air France CEO disputes crash theory
Jun. 8  Nigeria  Shell to pay $15.5 million to settle claims
Jun.1   New York
  Car giant General Motors has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history
 General Motors had seen its losses widen following a steep fall in sales in recent years. US government expected to take a 60% stake in the company

May 2009 ... more > Top ^
May.29  Berlin  Germany picks Magna to save Opel May.19   Japan Japan's economy in record plunge May.13  European Union  EC fines computer chipmaker Intel $1.4B

April 2009 ... more > Top ^
Apr.30   Mexico   Mexico shuts down to control flu  Mexico is beginning a 5-day shutdown of parts of its economy in a bid to slow the spread Apr.22  Global  'Deeper' recession ahead says IMF Apr.17   Sweden Court jails Pirate Bay founders   A court has jailed four men behind TPB, the world's most high-profile file-sharing website, in a landmark case Apr.2   London G20 leaders seal $1tn global deal
  Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis
 The resources available to IMF will be tripled to $750bn; $250bn to boost global trade. There will be sanctions against secretive tax havens and tougher global financial regulation

March 2009 ... more > Top ^
Mar.29   Detroit GM chairman to leave car maker  The chief executive of struggling General Motors - Rick Wagoner - has agreed to step down immediately at the request of the White House Mar.23  Washington  US unveils $1tn toxic asset plan Mar.20   Global IMF: Global economy worst in 60 years
  The economic slowdown is so severe that the worldwide economy will contract for the first time in 60 years.    The total of goods and services produced around the world is projected t...
Mar.18   Washington Fed pumps $1.2tn into US economy Mar.14   London G20 leaders vow to restore growth
  Finance ministers from the rich and emerging nations have pledged to make a 'sustained effort' to pull the world economy out of recession.    Commitment to fight all forms of protectionism and maintain open ...
Mar.13   Switzerland Switzerland eases banking secrecy Mar.4   Beijing Economy tops China's congress meeting Mar.2   USA AIG reports record $61.7bn loss

February 2009 ... more > Top ^
Feb.25  Iran  Iran tests its first nuclear power plant Feb.23   New York US shares at nearly 12-year low
  The Dow Jones closed down 3.41%, at 7,114.8, its lowest since 1997 on concerns about the attempts to shore up the banks
Feb.18   Washington Obama's housing plan 'to help 9m' Feb.14   Rome G7 pledges to avoid protectionism Feb.11  U.S. Congress  US lawmakers reach stimulus deal

January 2009 ... more > Top ^
Jan.29  Paris  Huge crowds join French strikes Jan.28   House of Representatives US House passes economic package   Global   World growth 'worst for 60 years'  International Monetary Fund: World economic growth is set to fall to just 0.5% this year, its lowest rate since World War II  Iceland  Crisis claims cabinet Jan.19  Russia  Russia turns on gas for Europe Jan.17   Moscow 'Gas to flow' after deal Jan.10  European Union  Accord signed in Russia gas row Jan.6   European Union European gas supplies disrupted  Several countries say their supplies of Russian gas have been cut sharply amid an energy price dispute between Moscow and Ukraine Jan.1   Russia Gazprom cuts off Ukraine's gas

year 2008 ... more > Top ^


December 2008 ... more > Top ^
Dec.13   New York   Top investors 'hit by $50bn con'  Some of the world's wealthiest private and corporate investors are reported to be victims of an alleged fraud by Wall Street broker Bernard Madoff Dec.3  Thailand  Thai flights resume after week of protests

November 2008 ... more > Top ^
Nov.25   Washington US Fed announces $800bn stimulus Nov.22   Peru Apec leaders make free-trade vow Nov.20   Global Recession fears hit stock markets Nov.18   U.S. Congress US car firms ask for $25bn aid  The bosses of Ford, GM and Chrysler, have asked Congress for a $25bn bail-out and warned of broader risks to the US economy Nov.17  New York  Citigroup job cull to hit 75,000 Nov.15   Washington Summit pledge to 'restore growth'   Global leaders at the G20 financial summit have pledged to work together to restore global growth Nov.14  Washington  World leaders grapple with crisis   European Union Eurozone officially in recession Nov.13  Germany  German economy now in recession

October 2008 ... more > Top ^
Oct.11  Paris  EU chiefs confront markets crisis Oct.8  London  World's central banks slash interest rates Oct.7  United Kingdom  UK bank rescue package imminent  Tennessee  McCain, Obama trade blows on economy   New York Dow Jones hits 5-year low  The Dow Jones fell below 10,000 points for the first time since 2004 as U.S. stocks followed Europe and Asia with heavy losses Oct.4  Paris  No banks bail-out fund for Europe 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

September 2008 ... more > Top ^
Sep.29  House of Representatives  $700 billion bailout package failed  New York  Dow closed down 777 points Sep.22  Global  Shares slide amid bail-out fears Sep.21  New York  US banks make shock status switch Sep.19   Washington Bush hails financial rescue plan Sep.18  Global  Central banks moves cheer markets  New York  Turmoil sends US stocks tumbling  United Kingdom  Barclays agrees $1.75B Lehman deal  Zimbabwe  Zimbabwe replaces $10 trillion banknote Sep.16   New York World markets continue to slide Sep.14   New York Lehman Bros files for bankruptcy   The 4th-largest investment bank in the US will file for bankruptcy protection, amid a growing global financial crisis Sep.9  Austria  Oil falls as Opec ministers meet Sep.7   Washington US takes over key mortgage firms

August 2008 ... more > Top ^
Aug.5  U.S. Congress  Iraq's projected $80b surplus stirs anger

July 2008 ... more > Top ^
Jul.29  Geneva  Global trade deal falls apart Jul.23  House of Representatives  US lawmakers pass housing rescue Jul.18  Argentina  President drops farm tax after protests Jul.11   New York   Oil price per barrel reached $147.02  OPEC's president predicted prices may reach $170 by the Northern summer  USA  Mortgage firms' shares slump Jul.6  Dubai  UAE to cancel all of Iraq's $7B debt

June 2008 ... more > Top ^
Jun.25  South Korea  South Korea lifts ban on US beef Jun.18   Washington Bush calls for offshore drilling Jun.6  New York  Oil price soars as US woes mount Jun.2   Rome Summit targets global food crisis

May 2008 ... more > Top ^
May.22  New York  Oil soars to new record over $135

April 2008 ... more > Top ^
Apr.12  Global  IMF head gives food price warning

February 2008 ... more > Top ^
Feb.1  United Arab Emirates  Third undersea Internet cable cut

January 2008 ... more > Top ^
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 Jan.21   India World markets plunge on U.S. fears  Stock markets were, prompted by pessimism about Bush's plans to boost the U.S. economy. India's Sensex stock index fell nearly 11%

year 2007 ... more > Top ^


November 2007 ... more > Top ^
Nov.21  Singapore  Oil nudges $99 a barrel Nov.14  France  Strike brings travel chaos

September 2007 ... more > Top ^

August 2007 ... more > Top ^
Aug.9   New York World markets fall after US losses   USA Mortgage concerns hit US markets  The share indexes tumbled amid fears that a wobble in the mortgage market may prompt a global credit crunch. Dow Jones fell 199.24

July 2007 ... more > Top ^

February 2007 ... more > Top ^
Feb.28   France Airbus to cut 10,000 jobs Feb.27   Shanghai Shanghai Composite index sank 8.8%

January 2007 ... more > Top ^
Jan.8   European Union Russia oil row hits Europe supply

year 2006 ... more > Top ^


December 2006 ... more > Top ^

October 2006 ... more > Top ^
Oct.30  London  Warming 'may cause economic chaos' Oct.22  Panama  Voters approve $5 billion Canal overhaul Oct.14   UN Security Council U.N. slaps sanctions on North Korea

August 2006 ... more > Top ^

July 2006 ... more > Top ^
Jul.24  Switzerland  WTO global trade talks collapse Jul.13  USA  Record oil price of $78.40 per barrel

May 2006 ... more > Top ^
May.20  China  Three Gorges dam wall complete May.1  Bolivia  Gas under state control

April 2006 ... more > Top ^
Apr.29  Cuba  Leftist trio seals Americas pact Apr.21  New York  Oil breaks through record $75

January 2006 ... more > Top ^
Jan.3  Russia  Russia, Ukraine reach natural gas deal Jan.1   Ukraine Russia cuts gas supplies

year 2005 ... more > Top ^


December 2005 ... more > Top ^
Dec.20  New York  Strike shuts down NYC transit system Dec.18  Hong Kong  WTO seals farms deal

July 2005 ... more > Top ^
Jul.21  China  China scraps yuan peg to dollar Jul.15  Scotland  New Harry Potter book hits shops

June 2005 ... more > Top ^
Jun.11   London G8 ministers back Africa debt deal

May 2005 ... more > Top ^
May.31  Moscow  Khodorkovsky jailed for 9 years

year 2004 ... more > Top ^


November 2004 ... more > Top ^

September 2004 ... more > Top ^
Sep.27  New York  Oil rises to $50

year 2002 ... more > Top ^


January 2002 ... more > Top ^
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

year 2001 ... more > Top ^


December 2001 ... more > Top ^
Dec.2  Texas  Enron in bankruptcy filing

September 2001 ... more > Top ^
Sep.17  New York  Wall Street reopens, Stocks plummet

year 2000 ... more > Top ^


November 2000 ... more > Top ^
Nov.15  San Francisco Bay Area  World News Atlas started

May 2000 ... more > Top ^
May.4  USA  'I love you' virus disrupts computers

March 2000 ... more > Top ^
Mar.10   USA Nasdaq reached 5048

January 2000 ... more > Top ^
Jan.14  New York  Dow Jones reached 11,722 Jan.1   USA Y2K bug fails to bite  A flaw in computer program that caused processing to operate incorrectly on and after January 1, 2000