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Chart 		Summary.     Click for More > China denies currency undervalued EU close to Greece bail-out deal Plan to repay Icesave debts rejected Budget crisis is like wartime situation - PM  Prime Minister George Papandreou has likened the country's budget crisis to a 'wartime situation' and said Greece was at risk of bankruptcy 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 ... Obama unveils 2011 budget plans Obama pushes new bank regulation Chavez: military will monitor prices Dubai debt woes 'a drama, but no crisis' Fraudster Madoff gets 150 years
EU ministers agree Greek plan Map of Brussels Belgium
Mon.   Belgium
  After a meeting in Brussels, Europe's finance ministers have agreed how to help Greece in its battle to control its finances
Sat.   Beijing
Fri.   Greece
Mar. 6   Iceland
Mar. 2   Greece
Feb.10   Greece
Feb.1   Washington
Jan.21   Washington
Jan.10   Venezuela

year 2009 ... more >
Nov.27   Dubai
Jun.29   New York

China denies currency undervalued  Chinese Premier Wen Jiabao has rejected criticism that China is keeping yuan undervalued in order to boost exports EU close to Greece bail-out deal  The EU is poised to reach agreement on a multi-billion euro bail-out after weeks of crisis. The package would provide loans and guarantees Plan to repay Icesave debts rejected  Voters in Iceland have overwhelmingly rejected proposals to pay the UK and the Netherlands in the wake of collapse of the Icesave bank Referendum on Icesave repayment plan Budget crisis is like wartime situation - PM

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EU ministers agree Greek plan Map of Brussels Belgium

March 2010 ... more > Top ^
Mon.   Belgium
  After a meeting in Brussels, Europe's finance ministers have agreed how to help Greece in its battle to control its finances
Sat.   Beijing
Fri.   Greece
Mar. 6   Iceland
Mar. 5   Iceland
Mar. 2   Greece
  Prime Minister George Papandreou has likened the country's budget crisis to a 'wartime situation' and said Greece was at risk of bankruptcy

February 2010 ... more > Top ^
Feb. 16  Greece  Bomb blast hits J.P. Morgan building Feb.11  France  French finance minister defends euro Feb.10   Greece 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
Feb.1   Washington   Obama unveils 2011 budget plans   US President has announced a $3.8tn budget plan, which includes increased spending for job creation, but cuts in other areas

January 2010 ... more > Top ^
Jan.21   Washington   Obama pushes new bank regulation   US President has proposed significant new curbs on the activities of banks to try to prevent future financial crises, include limits to the size... Jan.11  Venezuela  Stores face punishment after devaluation Jan.10   Venezuela   Chavez: military will monitor prices  In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise pric... Jan.8  Venezuela  Venezuela will slash value of currency Jan.7   Argentina President dismisses central bank governor Jan.2  Iceland  Petition against Icesave pay-out

year 2009 Top ^


December 2009 ... more > Top ^
Dec.27   Beijing Wen dismisses currency pressure Dec.16  Switzerland  Credit Suisse to pay $536m fine over Iran Dec.14  Washington  Obama tells US banks to lend more Dec.13   United Arab Emirates Abu Dhabi gives Dubai $10bn to pay debts Dec.8  Dubai  Utility faces $2B debt demand

November 2009 ... more > Top ^
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 standing Nov.1  New York  CIT Group files for US bankruptcy

October 2009 ... more > Top ^
Oct.21  Washington  Plans bailout firm bonus cut Oct.15   New York US banks' profits beat forecasts

September 2009 ... more > Top ^
Sep.17   European Union EU agrees on bonus claw-back call Sep.14  USA  Bank crisis lessons 'not learned'   Washington Obama issues warning to bankers Sep.5   London G20 pledges tougher bank action Sep.4  London  Bonus row opens up G20 divisions

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 Jul.14  New York  Goldman Sachs sees bumper profit Jul.13   USA US budget deficit at $1 trillion

June 2009 ... more > Top ^
Jun.29   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 Jun.4  New York  Fraud charge for Countrywide boss

May 2009 ... more > Top ^
May.7  USA  Ten US banks fail 'stress tests'

April 2009 ... more > Top ^
Apr.22  Washington  Freddie Mac chief found dead Apr.6  Texas  Stanford: 'Clients lost no money'

March 2009 ... more > Top ^
Mar.26  Washington  US plans to rein in Wall Street Mar.23   Washington US unveils $1tn toxic asset plan Mar.19  Belgium  EU aims to double emergency cash  House of Representatives  US lawmakers vote for bonus tax Mar.13  London  G20 ministers meet amid divisions   Switzerland Switzerland eases banking secrecy  The world's largest offshore financial centre has agreed to accept concessions on bank secrecy Mar.12  New York  Madoff admits $50bn fraud scheme Mar.10  New York  Banking stocks lead markets surge

February 2009 ... more > Top ^
Feb.26  Washington  Obama unveils his $3.6tn budget Feb.22  Berlin  EU heads back financial clampdown Feb.21  Ireland  Huge protest over Irish economy  Washington  Obama hails 'fastest' US tax cut Feb.19  Virginia  Missing billionaire found Feb.2  Washington  Obama predicts more bank failures

January 2009 ... more > Top ^
Jan.16  New York  Citigroup to split as losses grow

year 2008 Top ^

Dec.21  Beijing  China to provide $19B to Taiwan firms Dec.19  Washington  Bush unveils $17.4bn car bail-out Dec.15  London  Banks face huge losses from $50B 'scam' 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.11  USA  Bank of America cuts 30,000 jobs Nov.25   Washington US Fed announces $800bn stimulus  The Federal Reserve is to inject another $800bn into the US economy in a further effort to stabilise the financial system Nov.23  Washington  Citigroup secures U.S. government lifeline Nov.19  Iceland  IMF approves $2.1bn Iceland loan Nov.17   New York Citigroup job cull to hit 75,000 Nov.14   Washington World leaders grapple with crisis Oct.29  Washington  Treasury spends $125 billion on 9 banks Oct.12  Paris  European banks rescue plan agreed Oct.11   Paris EU chiefs confront markets crisis Oct.10  Washington  G7 nations pledge to fight crisis Oct.8   London World's central banks slash interest rates Oct.7   United Kingdom UK bank rescue package imminent  Chancellor Alistair Darling to announce details of a £50bn rescue package for the UK banking system Oct.5  Berlin  Plan to save German bank 'agreed' Oct.4  Germany  Another top European bank falters   Paris No banks bail-out fund for Europe  Paris  EU leaders meet to discuss credit crisis 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 ...
Oct.1  U.S. Senate  Senate backs new bail-out bill Sep.29   House of Representatives $700 billion bailout package failed Sep.28  U.S. Congress  US lawmakers publish rescue deal Sep.26  Washington  Bailout talks implode Sep.24  Washington  Bush: Bail-out 'vital to easing crisis' Sep.21   New York US banks make shock status switch Sep.19   Washington   Bush hails financial rescue plan  President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets Sep.18   Global Central banks moves cheer markets   Zimbabwe Zimbabwe replaces $10 trillion banknote   United Kingdom Barclays agrees $1.75B Lehman deal 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.    The move dealed a further blow to the global financial system. It was a primary dealer in t...
Sep.7   Washington US takes over key mortgage firms  US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history Aug.5   U.S. Congress Iraq's projected $80b surplus stirs anger  U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 bi... Jul.19  Zimbabwe  $100 billion banknotes introduced Jul.16  Washington  US inflation rate at 26-year high Jul.6   Dubai UAE to cancel all of Iraq's $7B debt May.29  Global  World Bank pledges $1.2 billion for food Apr.30  Iran  Iran dumps U.S. dollar for oil trades Apr.18  USA  Citigroup sees second giant loss Mar.18   Washington Federal Reserve slashes rates by 0.75 Mar.16  New York  JPMorgan to acquire Bear Stearns Mar.11  European Union  Central banks plan emergency cash 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

year 2007 Top ^

Dec.18  U.S. Senate  Senate passes $70B in war funds Dec.12  Washington  Central banks act on credit fears Aug.10  London  Central banks pour money into system Jul.5   Zimbabwe Bulk buy ban amid frenzy May.18  Florida  Shipwreck yields record treasures Apr.30  Venezuela  Venezuela to pull out of IMF, World Bank

year 2005 Top ^

Dec.16  Belgium  EU leaders agree 7-year budget Nov.26  Canada  $4.3bn deal to fight native poverty Sep.7  U.S. Congress  Bush seeks $50bn hurricane relief Jul.21   China China scraps yuan peg to dollar Jun.11   London G8 ministers back Africa debt deal  Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations

year 2004 Top ^

Dec.23  USA  Battered dollar hits another low Mar.31  Berlin  Afghanistan wins $8.2bn in aid

year 2003 Top ^

Dec.16  Germany  Joint plan to relieve Iraq debt Sep.14  Sweden  Voters rejects euro currency Sep.7   Washington Bush to ask 87 billions more for Iraq Aug.27  Washington  Bremer: Iraq effort to cost tens of billions

year 2002 Top ^

Jun.25  New York  WorldCom in accounting trouble, cut jobs Jan.6  Argentina  Peso devaluated 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 Top ^


year 2000 Top ^

Sep.28   Denmark Denmark rejects euro