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Summary.     Click for More > Greece steeled for 24-hour strike PM vows to slash huge government deficit  Workers protest against austerity measures imposed by a government trying to dig its way out of a financial crisis that threatens to engulf Europe Toyota recalls thousands of Prius cars  Toyota has recalled about 200,000 of hybrid Prius cars sold in Japan last year due to a brake problem Toyota president sorry  Akio Toyoda apologized for the gas pedal problems that have forced the recall of millions of vehicles in the United States and Europe Dubai debt woes 'a drama, but no crisis' US jobless rate rises to over 10%  US Labor Department: The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983
Greece backs new round of tax rises
Mar. 3   Greece
  The government has approved a new package of tax increases and spending cuts to save 4.8bn euros and ease its budget crisis
Feb. 23   Greece
Feb.10   Greece
Feb.8   Japan
Jan.29   Japan


year 2009
... more >
Nov.27   Dubai
Nov.6   Washington

Greece steeled for 24-hour strike  As many as two million people are to hold a 24-hour strike against the imposition of austerity measures Electronics cited as Toyota problem Lufthansa strike threatens global pain PM vows to slash huge government deficit

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Greece backs new round of tax rises


March 2010 ... more > Top ^
Mar. 3   Greece
  The government has approved a new package of tax increases and spending cuts to save 4.8bn euros and ease its budget crisis


February 2010 ... more > Top ^
Feb. 23   Greece
  U.S. Congress
Feb. 22  London  British Airways cabin crews vote to strike
Feb. 21   Germany
Feb. 18  Argentina  Beef prices could plummet after boycott
Feb. 17  Washington  New US investigation for Toyota
Feb. 16  London  Abbey Road studios hits auction block
Feb.10   Greece
  Workers protest against austerity measures imposed by a government trying to dig its way out of a financial crisis that threatens to engulf Europe
Feb.9   Japan Honda extends airbag recall  Venezuela  Chavez announces electricity emergency  Japan  Firm ordered to fix airline seats Feb.8   Japan Toyota recalls thousands of Prius cars
  Toyota has recalled about 200,000 of hybrid Prius cars sold in Japan last year due to a brake problem.    This latest recall will include the Toyota...
Feb.5  Japan  Toyota chief apologizes. No new recall Feb.4   Washington US to probe Toyota Prius brake problems  Japan  Toyota looking at Lexus hybrid brakes Feb.3  Japan  Toyota shares plummet

January 2010 ... more > Top ^
Jan.29   Japan Toyota president sorry
  Akio Toyoda apologized for the gas pedal problems that have forced the recall of millions of vehicles in the United States and Europe
Jan.21  Global  Markets fall after Obama sets bank rules Jan.18  Japan  Japan Airlines to file for bankruptcy

year 2009 Top ^



December 2009 ... more > Top ^
Dec.23  USA  BlackBerry users hit by eight-hour outage  Zimbabwe  Nestle shuts factory, citing intimidation

November 2009 ... more > Top ^
Nov.29  Dubai  Stocks plunge as debt crisis fears continue Nov.27   Dubai Dubai debt woes 'a drama, but no crisis'  Market experts say the debt revelations will not lead the global economy back into recession, but have seriously damaged the Emirate's stand... Nov.6   Washington US jobless rate rises to over 10%
  US Labor Department: The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983


September 2009 ... more > Top ^


August 2009 ... more > Top ^
Aug.25  Washington  US deficit to soar towards $1.6tn

July 2009 ... more > Top ^
Jul.26  Cuba  Castro calls for tight finances in Cuba

May 2009 ... more > Top ^
May.27  Detroit  GM ponders future as deal fails May.19   Japan Japan's economy in record plunge May.9  South Africa  Zuma warning of economic 'pinch' May.7  USA  Ten US banks fail 'stress tests'

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  Detroit  Chrysler 'to file for bankruptcy' Apr.22   Global 'Deeper' recession ahead says IMF
Apr.15  China  Weak exports hit China's growth

March 2009 ... more > Top ^
Mar.24  Japan  February exports halved 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
Mar.6  USA  US jobless rate increases to 8.1% Mar.2   USA AIG reports record $61.7bn loss

February 2009 ... more > Top ^
Feb.26  Japan  Japan's industrial output plunges 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  Taiwan  Taiwan economy slumps into recession Feb.15  Japan  Japan's economy in quarterly dive

January 2009 ... more > Top ^
Jan.30  USA  US economic output falls sharply Jan.28   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 Jan.26   Iceland Crisis claims cabinet
Jan.23  London  UK in recession as economy slides Jan.16  New York  Citigroup to split as losses grow Jan.6  Bulgaria  Gas stopped for swathe of states   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

year 2008 Top ^

Dec.25  Japan  Japan's industrial output plunges Dec.11  U.S. Senate  US car bail-out fails in Senate  USA  Bank of America cuts 30,000 jobs
Nov.20   Global Recession fears hit stock markets Nov.17   New York Citigroup job cull to hit 75,000 Nov.14   European Union Eurozone officially in recession Nov.13   Germany German economy now in recession Nov.7  Washington  US jobless rate at 14-year high Oct.9  Japan  Asian stocks hit after Dow plunge Oct.7  Japan  More turmoil hits Asian markets   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  Germany  Another top European bank falters Oct.2  New York  Bailout vote fails to lift markets Sep.29   House of Representatives $700 billion bailout package failed  Japan  Asian markets fall on U.S. bailout failure Sep.26  Washington  Bailout talks implode Sep.21   New York US banks make shock status switch Sep.17   New York Turmoil sends US stocks tumbling Sep.16   New York World markets continue to slide  In the first hour of trading on Wall Street, the Dow was down 41.85, or 0.38%, to 10,875.66. It fell as much as 175 in the opening minutes Sep.15  Japan  Lehman collapse hits Asian shares 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 Jul.29   Geneva Global trade deal falls apart Jul.19  Zimbabwe  $100 billion banknotes introduced Jul.11  USA  Mortgage firms' shares slump Jun.8  Japan  G8: Oil prices could spur global recession Apr.25  Nigeria  Oil firms cut output Apr.18  USA  Citigroup sees second giant loss Apr.12   Global IMF head gives food price warning Apr.9  Global  IMF slashes world growth forecast Mar.17  New York  Markets slump on banking worries Feb.27  European Union  EU fines Microsoft record $1.4bn Feb.1   United Arab Emirates Third undersea Internet cable cut Jan.27  Japan  Share prices fall on Asia markets 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 Top ^

Dec.12  Washington  Central banks act on credit fears Nov.14   France Strike brings travel chaos
Nov.13  Paris  Transport workers on strike Aug.15  London  World markets continue to slide Aug.9   New York World markets fall after US losses   The markets have faltered in early trading a day after markets in NY and London suffered losses amid fears of a global credit crunch   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 Jul.26  Japan  Asian stocks continue world fall Jun.7  Oman  Cyclone pounds Mideast oil region Mar.21  Israel  General strike shuts down Israel Mar.14  European Union  New fears rekindle global sell-off Feb.28   France Airbus to cut 10,000 jobs  CEO Louis Gallois announced the restructuring plan: 10,000 jobs cut over four years; 4,300 in France, 3,700 in Germany Feb.27  New York  Dow Jones loses 416   Shanghai Shanghai Composite index sank 8.8%  European shares experienced their biggest one-day percentage fall in nearly four years Jan.8   European Union   Russia oil row hits Europe supply   Oil supplies to Poland, Germany and Ukraine have been cut amid a row between Belarus and Moscow

year 2006 Top ^

Dec.26   Nigeria Pipeline explosion kills at least 260
Oct.30   London Warming 'may cause economic chaos' Jul.24   Switzerland WTO global trade talks collapse May.12   Nigeria Oil pipeline explosion kills up to 200 Jan.1  Hungary  Ukraine gas row hits EU supplies   Ukraine Russia cuts gas supplies  Russia has begun shutting off a pipeline after last-ditch talks failed to settle a price dispute

year 2004 Top ^

Dec.23  USA  Battered dollar hits another low Dec.16  Gulf  Bin Laden tape urges oil attack Oct.10  Nigeria  Fuel price strike starts May.16  Mumbai  Government fears hit shares

year 2003 Top ^

Sep.14   Mexico Rich-poor divide derails WTO talks
Aug.21  USA  SoBig.F breaks virus speed records Jan.29  New York  AOL TW Posts Loss of Nearly $100 Billion

year 2002 Top ^

Dec.18  Venezuela  Strike strangles oil exports Oct.9  New York  Dow fell to 7,286  USA  Nasdaq fell to 1,114 Jul.19  New York  Dow down 4.6% to 8,019 Jun.25  New York  WorldCom in accounting trouble, cut jobs

year 2001 Top ^

Dec.2   Texas Enron in bankruptcy filing
Sep.17   New York Wall Street reopens, Stocks plummet

year 2000 Top ^

May.4   USA 'I love you' virus disrupts computers