|
|
| Jun. 11 |
Cuba |
Cuba to abandon salary equality Vice-Minister for Labour: Cuba is to abolish system of equal pay for all and allow workers and managers to earn performance bonuses
|
| Jun. 10 |
Argentina |
Controversial tax to fund social programs
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|
| May.31 |
Germany |
ECB set to mark 10 years
|
| May.29 |
Global |
World Bank pledges $1.2 billion for food| The World Bank is making grants and loans to combat the global food crisis, including some $200 million for those most at risk. The immediate financial help is for countrie... | |
|
| May.5 |
Somalia |
Two die in currency riot Troops killed at least two people in Mogadishu, when they opened fire to halt riots over rising costs and counterfeit money
|
| May.3 |
Global |
Asian bank in food crisis warning The Asian Development Bank has warned that the crisis of rising food prices could reverse gains made in reducing poverty across the continen...
|
| May.1 |
Italy |
Income details posted on web There has been outrage after the outgoing government published every Italian's declared earnings and tax contributions on the internet
|
|
| Apr.30 |
Washington |
Further cut in interest rates The Federal Reserve has cut its key rate from 2.25% to 2.0% as it aims to avoid a possible US recession
|
| |
Iran |
Iran dumps U.S. dollar for oil trades Iran has stopped conducting oil transactions in U.S. dollars in a concerted attempt to reduce reliance on Washington
|
| Apr.20 |
London |
Bank of England to detail £50bn plan |
|
| Apr.18 |
London |
Bank £50bn mortgage rescue plan The Bank of England will next week unveil a plan to swap government bonds for British banks' mortgages
|
| |
USA |
Citigroup sees second giant loss The biggest US bank has suffered a second massive loss and is cutting 9,000 jobs as the credit crisis continues to take its toll
|
| |
IMF head gives food price warning
|
| Apr.8 |
Washington |
IMF may sell 400 tons of gold
|
| Apr.1 |
Switzerland |
UBS doubles sub-prime writedowns |
|
|
| Mar.31 |
Washington |
US plans finance system overhaul
|
| Mar.19 |
United Kingdom |
Bank shares plunge in market turmoil |
|
| Mar.18 |
Washington |
Federal Reserve slashes rates by 0.75 
| The Federal Reserve has cut US interest rates to 2.25% to restore confidence to nervous financial markets and boost the ailing economy | |
|
| Mar.16 |
New York |
JPMorgan to acquire Bear Stearns JPMorgan Chase has said it is to buy Wall Street's 5th-largest investment bank for $2 a share
|
| Mar.14 |
New York |
Bear Stearns gets emergency funds
|
| |
European Union |
EU leaders urge banks to reveal losses
|
| Mar.12 |
Paris |
Second SocGen employee detained
|
| |
Zimbabwe |
Embattled Mugabe boosts workers' pay |
|
| Mar.11 |
European Union |
Central banks plan emergency cash The US Federal Reserve and the European Central Bank, have announced a latest round of co-ordinated auctions to provide extra liquidity
|
| |
China |
Inflation at decade high |
|
| Mar.4 |
Beijing |
Inflation tops China 2008 agenda
|
|
| Feb.27 |
European Union |
Dollar hits record low against euro |
|
| Feb.18 |
China |
Inflation hits 11-year high |
|
| |
Hamburg |
More raids in tax fraud scandal |
|
| Feb.15 |
Berlin |
Deutsche Postbank posts 39% loss
|
| |
Paris |
Bosses 'condoned' SocGen trader |
|
| Feb.8 |
Japan |
Credit crunch to top talks |
|
| |
Third undersea Internet cable cut
|
| |
Zimbabwe |
Inflation tops 24,000%, officially |
|
|
| Jan.30 |
Paris |
Societe Generale CEO keep jobs
|
| Jan.29 |
Paris |
Paris to 'block any Societe bids' |
|
| Jan.28 |
Paris |
Trader 'concealed deals'
|
| Jan.27 |
Paris |
Trader 'staked 50bn euros'
|
| |
Deal reached on US economic plan
|
| |
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.18 |
Washington |
Bush calls for economic stimulus package
|
|
|
| Dec.24 |
Zimbabwe |
Hours-long lines to get scarce currency
|
| Dec.18 |
U.S. Congress |
Senate passes $70B in war funds After months of stalemate, the Senate passed a government spending bill that includes billions of dollars requested by Bush to continue the war...
|
| |
European Union |
ECB lends $500bn to lower rates
|
| Dec.12 |
London |
UK welcomes world cash injection
|
| |
Washington |
Central banks act on credit fears The Federal Reserve, European Central Bank and central banks from the UK, Canada and Switzerland are to jointly help banks
|
| Dec.10 |
UN |
Draft targets Iran military, bank
|
| Dec.6 |
Washington |
Bush details housing rescue plan
|
|
| Nov.22 |
Hamburg |
Airbus fears 'weak-dollar death' |
|
| Nov.20 |
London |
Bank data of 25 millions missing |
|
|
| Sep.7 |
California |
Mortgage lender Countrywide slashes jobs |
|
| |
Opera legend Pavarotti dies at 71
|
|
| Aug.31 |
Washington |
Federal Reserve in rate cut hint |
|
| Aug.10 |
London |
Central banks pour money into system
|
|
| Jul.5 |
Zimbabwe |
Bulk buy ban amid frenzy Authorities ordered businesses to stop selling basic goods in bulk to avert shortages after an price freeze triggered a frenzied buying spree
|
|
| Jun.22 |
Zimbabwe |
Mugabe faces pressure on currency |
|
|
| May.29 |
Washington |
Bush picks Zoellick to head World Bank |
|
| May.18 |
Florida |
Shipwreck yields record treasures
|
|
| Apr.30 |
Venezuela |
Venezuela to pull out of IMF, World Bank
|
|
| |
U.N. slaps sanctions on North Korea
|
| Sep.14 |
Moscow |
Central banker shot dead |
|
| Apr.20 |
Nigeria |
Nigeria settles Paris Club debt |
|
| Feb.19 |
West Bank |
Abbas warns of financial crisis |
|
| Feb.6 |
Washington |
Bush seeks defence spending rise |
|
|
| Dec.23 |
UN |
U.N. members reach budget deal |
|
| Dec.16 |
Belgium |
EU leaders agree 7-year budget The leaders agreed on a spending plan for the bloc seen as key to shaping the future of an enlarged EU
|
| |
Belgium |
UK making final EU budget offer |
|
| Dec.1 |
European Union |
ECB ignores fears to raise rates |
|
| Nov.26 |
Canada |
$4.3bn deal to fight native poverty |
|
| Nov.9 |
Switzerland |
$1bn sought in world bird flu fight |
|
| Sep.24 |
Washington |
IMF committee backs debt erasure |
|
| Sep.7 |
U.S. Congress |
Bush seeks $50bn hurricane relief |
|
| Jul.21 |
China |
China scraps yuan peg to dollar China tied yuan's peg to a basket of currencies. The new rate versus the dollar revalues the currency by 2.1%
|
| Jun.16 |
Belgium |
EU heading for budget collision |
|
| 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 | |
|
| Jun.10 |
England |
Hopes raised of Africa debt deal |
|
| May.17 |
Washington |
Tensions rise over China currency |
|
| |
Airbus A380 completes test flight
|
| Apr.16 |
Washington |
G-7 finance leaders focus on oil, debt |
|
| Apr.10 |
England |
MG Rover gets £6.5m loan lifeline |
|
| Mar.15 |
USA |
Banks accused over Pinochet cash |
|
| Feb.5 |
England |
G7 backs Africa debt relief plan |
|
| Jan.12 |
France |
Creditors back tsunami debt relief |
|
|
| Dec.23 |
USA |
Battered dollar hits another low The greenback hit $1.3516 in the trade after data fuelled fresh concerns about the US economy
|
| Sep.14 |
Washington |
Iraq rebuilding funds shifted to security |
|
| May.10 |
New York |
Rate fears batter global markets |
|
| Apr.16 |
Germany |
Bundesbank boss resigns |
|
| Mar.31 |
Berlin |
Afghanistan wins $8.2bn in aid
|
|
| Dec.17 |
Iraq |
Iran 'owed billions for Saddam war' |
|
| Dec.16 |
Germany |
Joint plan to relieve Iraq debt
|
| |
Iraq tenders 'only for US allies'
|
| Nov.3 |
U.S. Congress |
Congress passes Iraq budget |
|
| Oct.30 |
U.S. Congress |
$87 billion approved for Iraq, Afghanistan |
|
| Sep.14 |
Sweden |
Voters rejects euro currency
|
| Sep.7 |
Washington |
Bush to ask 87 billions more for Iraq President has told the American people that Iraq is '"now the central front' in a global war against terrorism
|
| Aug.27 |
Washington |
Bremer: Iraq effort to cost tens of billions
|
| Jan.7 |
Washington |
Bush unveils tax cutting package |
|
|
| Dec.12 |
European Union |
EU deal on funding enlargement |
|
| Aug.7 |
Brazil |
IMF throws extra $30bn to Brazil |
|
| Jul.23 |
USA |
Enron scandal hits US banks |
|
| Jun.28 |
New York |
Accounting panic hits Xerox |
|
| Jun.25 |
New York |
WorldCom in accounting trouble, cut jobs
|
| Jun.15 |
Texas |
Andersen guilty in Enron case |
|
| Apr.19 |
Argentina |
Bank freeze ordered |
|
| Feb.11 |
Argentina |
Peso passes first test |
|
| Feb.3 |
Argentina |
Crisis package unveiled |
|
| Jan.25 |
Argentina |
March against bank curbs |
|
| Jan.6 |
Argentina |
Peso devaluated
|
| Jan.5 |
Argentina |
Rescue plan approved |
|
| 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
| The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. The official spelling of the euro is 'euro' in the Latin script. The euro is divided into 100 cents
|
| | |
|
|
| Dec.23 |
Argentina |
Debt payments suspended |
|
| Dec.22 |
Kabul |
Karzai appealed for billions of dollars |
|
| Dec.19 |
Argentina |
Argentina plunges into turmoil |
|
| Dec.14 |
European Union |
Euro coins go on sale |
|
| Dec.3 |
Argentina |
Defiant message amid crisis |
|
| |
Enron in bankruptcy filing
|
| Oct.3 |
Washington |
Bush package to boost economy |
|
| Sep.24 |
USA |
Bush calls halt to terror funding |
|
| |
Wall Street reopens, Stocks plummet
|
| Sep.12 |
New York |
Insurers face claims up to $15bn |
|
| Aug.30 |
European Union |
Euro officially launched |
|
| Aug.3 |
Argentina |
IMF to accelerate $1.2 billion loan |
|
| Jun.29 |
Serbia |
$1 Billion aid agreed |
|
| Apr.14 |
Istanbul |
Protests greet crisis plan |
|
| Mar.20 |
Washington |
Fed cuts rates half a point |
|
| Feb.22 |
Turkey |
Turkey floating its currency |
|
| Feb.21 |
Turkey |
Money market crisis |
|
|
| Sep.28 |
Denmark |
Denmark rejects euro 53.1% of voters rejected membership of the single European currency, and 46.9 % voted in favour
|
| |
Y2K bug fails to bite