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| Aug. 26 |
Hong Kong |
Banks back switch to renminbi for trade
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| Aug. 25 |
Oman |
Oman to invest $20B in rugged beauty
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| Aug. 16 |
Pakistan |
World Bank to loan Pakistan $900m The bank is to loan $900m to Pakistan to help it recover from its worst ever flooding. UN says international aid has been slow
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| Aug. 9 |
Washington |
Gates seeks cuts in US military
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| Jul.23 |
European Union |
Europe's big banks pass stress tests Officials led by the European Central Bank tested 91 banks, and most of banks passed stress tests aimed at shoring up confidence in the economy
| Seven banks have failed stress tests designed to assess the health of the EU's banking system
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Kosovo |
Bank leader arrested in corruption probe |
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| Jul.22 |
European Union |
Europe banks set for stress tests |
|
| Jul.21 |
Washington |
Obama signs financial reform law
President Barack Obama has signed into law the biggest overhaul of American financial regulation in decades
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Haiti |
IMF forgives Haiti's $268 million debt |
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| Jul.16 |
Ohio |
AIG agrees to $725m fraud payout |
|
| Jul.15 |
U.S. Senate |
US financial reform passed by Senate The Senate has given final approval to the biggest overhaul of American financial regulation in decades
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|
| Jun.27 |
Toronto |
G20 agrees on deficit cuts by 2013 Leaders at the summit in Canada have agreed to cut national budget deficits without stunting economic growth
|
| Jun.19 |
Beijing |
China hints at stronger currency
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|
| May.21 |
Belgium |
Ministers seek better crisis response |
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Berlin |
Germans approve euro rescue plan |
|
| May.20 |
U.S. Senate |
Senate approves reforms of Wall Street
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Greece |
EU to give Greece first tranche of loan |
|
| May.11 |
Spain |
Spain to unveil deep budget cuts |
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| May.9 |
Belgium |
EU approves $560B crisis fund
Map of Brussels Belgium Europe's finance ministers approved in an emergency meeting a 'stabilization mechanism' that could provide 440 billion euros for a aid package
| The members of the single currency bloc will have access to 440bn euros of loan guarantees and 60bn euros of emergency European Commission funding. The IMF will also contribute up to 250bn euros
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| May.8 |
Belgium |
EU finance ministers to debate stabilisation |
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| May.7 |
European Union |
Eurozone approves Greece bail-out |
|
| May.6 |
Greece |
Greece approves austerity plan |
|
| May.2 |
Greece |
Bailout worth $146 billion
|
| May.1 |
Greece |
Greek leaders meet to discuss bail-out |
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|
| Apr.28 |
Global |
Fears grow over Greece crisis
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| |
U.S. Senate |
Republicans allow financial reform debate |
|
| Apr.27 |
Japan |
Asian stocks slide amid Greek debt crisis |
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| |
Greece |
Greek bonds rated 'junk' by S& P's
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| |
U.S. Senate |
Goldman Sachs' under fire at hearing |
|
| Apr.25 |
Greece |
IMF debt talks are 'going well' |
|
| Apr.24 |
Greece |
IMF chief tries to ease Greece fears
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| |
New York |
Goldman executives in crash profit boasts |
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| |
Washington |
US urges quick action on Greece at IMF |
|
| Apr.22 |
New York |
Obama pushes case for bank reform bill
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| Apr.16 |
New York |
Goldman Sachs accused of fraud |
|
| Apr.11 |
Greece |
Greece is offered 30bn euros loan
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|
| Mar.25 |
Belgium |
Deal reached over Greece debts |
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| |
Berlin |
Merkel firm on IMF rescue for Greece |
|
| Mar.15 |
Belgium |
EU ministers agree Greek plan
After a meeting in Brussels, Europe's finance ministers have agreed how to help Greece in its battle to control its finances
|
| Mar.13 |
Beijing |
China denies currency undervalued |
|
| Mar.12 |
Greece |
EU close to Greece bail-out deal |
|
| Mar.6 |
Iceland |
Plan to repay Icesave debts rejected
|
| Mar.2 |
Greece |
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 | |
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|
| 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 |
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| Jan.21 |
Washington |
Obama pushes new bank regulation
|
| Jan.10 |
Venezuela |
Chavez: military will monitor prices
|
| Jan.7 |
Argentina |
President dismisses central bank governor |
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|
| Dec.13 |
United Arab Emirates |
Abu Dhabi gives Dubai $10bn to pay debts |
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|
| 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...
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| Oct.15 |
New York |
US banks' profits beat forecasts |
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|
| Sep.17 |
European Union |
EU agrees on bonus claw-back call |
|
| Sep.14 |
Washington |
Obama issues warning to bankers |
|
| Sep.5 |
London |
G20 pledges tougher bank action
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|
| Aug.25 |
Washington |
US deficit to soar towards $1.6tn |
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|
| Jul.13 |
USA |
US budget deficit at $1 trillion |
|
|
| 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
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|
| Mar.23 |
Washington |
US unveils $1tn toxic asset plan
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| Mar.13 |
London |
G20 ministers meet amid divisions |
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| |
Switzerland |
Switzerland eases banking secrecy The world's largest offshore financial centre has agreed to accept concessions on bank secrecy
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|
| Feb.19 |
Virginia |
Missing billionaire found |
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|
| Jan.16 |
New York |
Citigroup to split as losses grow |
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|
| 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 |
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| 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' |
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|
| 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
|
| Sep.17 |
United Kingdom |
Barclays agrees $1.75B Lehman deal
|
| |
Zimbabwe |
Zimbabwe replaces $10 trillion banknote |
|
| 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...
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|
| Jul.19 |
Zimbabwe |
$100 billion banknotes introduced |
|
| Jul.16 |
Washington |
US inflation rate at 26-year high |
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| |
|
| 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 |
|
|
| 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
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| |
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| |
|
| Jul.5 |
Zimbabwe |
Bulk buy ban amid frenzy |
|
|
| Dec.16 |
Belgium |
EU leaders agree 7-year budget |
|
| 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
|
|
| Dec.23 |
USA |
Battered dollar hits another low |
|
| |
|
| Mar.31 |
Berlin |
Afghanistan wins $8.2bn in aid |
|
|
| 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 |
|
|
| 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
|
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| |
|
|
| Sep.28 |
Denmark |
Denmark rejects euro |
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