Category:2008-09 financial crisis

From Wikinews, the free news source you can write!

Jump to:navigation, search

Wikipedia has more about this subject:

Economic crisis of 2008

In 2008, the possibility of an economic crisis was suggested by several important indicators of economic downturn worldwide. These included high oil prices, which led to both high food prices (due to a dependence of food production on petroleum) and global inflation; a substantial credit crisis leading to the bankruptcy of several large and well established investment banks; increased unemployment; and the possibility of a global recession.

Pages in category "2008-09 financial crisis"

The following 70 pages are in this category, out of 70 total.

' 'Recession gardens' replace victory gardens 2 2,000 face redundancy at English steelworks 20,000 Californian state workers may lose their jobs A ADP says US economy lost 742,000 jobs in March Asian countries call for global currency Automobile manufacturer Toyota triples annual loss prediction B Bank of America reports losses of over US$2.2 billion Bankruptcy for U.S. automaker GM becomes almost certain after bondholder offers fail Barack Obama presents rescue plan after GM declaration of bankruptcy Brazil's Embraer plans to cut around 4,200 jobs Bruce Forsyth takes pay cut on BBC's Strictly Come Dancing C CEO of GM outlines plan for "New GM" after auto company declared bankruptcy Chrysler files for bankruptcy, Fiat Group SpA to run company Czech PM calls Obama's rescue plan a 'road to hell' D Dow Jones Industrial Average closes at lowest level in six years E EU warns France about auto rescue plan F Fed chairman Bernanke says US recession 'may last into 2010' Five biggest US banks told to raise $74.6 billion; fail "stress tests" France and Germany resume growth, exit recession G GM and Chrysler receive Canadian loans amid US restructuring ultimata General Motors automobile sales plunge by 45% German GDP drops by 3.8%, largest decline in 40 years H Hong Kong's recession ends, economy grows 3.3% Hydrogen fuel cell cars promoted in various states, but U.S. federal funding cut

I Irish economy sees biggest contraction in decades J Japan's January exports fall by 46% from last year Japan's economy sees biggest decline since 1974 L Latin America suffers drop in remittances N Number of unemployed in the UK climbs to 2.4 million O Obama signs $787 billion stimulus package Oil prices reach six-month high P Philippine exports plunge to eight-year low Porsche and Volkswagen automakers agree to merger Porsche automaker's global sales drop 28% R Redcar, UK steelworkers march to save their jobs S Several groups seek to purchase Saturn auto brand Spain's unemployment rate surpasses 17 percent Spanish economy contracts 1% in second quarter Steelmaker Corus to cut 2000 jobs in the UK and Netherlands Stock markets worldwide rise on hopes of US economic recovery T Toyota quits Formula One U U.S. Conference Board says leading economic indicators rose 1.2% in May U.S. GDP sees worst drop in five decades U.S. Postal Service running out of money U.S. automaker Chrysler wants to eliminate 789 dealerships U.S. automaker GM plans to close 1,100 dealerships U.S. manufacturer General Motors seeks bankruptcy protection UK energy companies announce that prices for bills could increase

U cont. UK unemployment rate reaches thirteen-year high UN: World hunger at all-time high due to economic slowdown US Congress passes $787 billion stimulus package US Fed chairman Bernanke says recession could end this year US Senate passes stimulus package US Treasury Secretary: "We need the ability to seize firms" US automaker GM reports losses of $6 billion US automakers GM and Chrysler seek more government aid US deficit reaches record $1.4 trillion US home prices drop at record levels US job cuts last month highest since 1974, unemployment rate rises US lawmakers reach stimulus package deal US stock markets fall to lowest levels since 1997 US stock markets have their best week since November US unemployment rate highest in 26 years US unemployment rate reaches 8.1% US unemployment rate reaches 8.5% US unemployment rate reaches 9.4 percent US unemployment rate reaches 9.8% US unemployment rate surpasses 10% V Venezuela's president nationalizes more private companies W Wikinews Shorts: February 6, 2009

Retrieved from "http://en.wikinews.org/wiki/Category:2008-09_financial_crisis"

Categories: Economy and business | Stock market

• This page was last modified on 12 March 2009, at 23:09.
• 
  All text created after September 25, 2005 is available under the terms of the Creative Commons Attribution 2.5 License unless otherwise specified.
  Contributions must be attributed to Wikinews.
  Copyright terms on images may vary, please check individual image pages prior to duplication.
  Wikinews®, and the Wikinews logo are registered trademarks of the Wikimedia Foundation, Inc.

  
  
  Wikinews is not responsible for the content of external sites.

• Privacy policy
• About Wikinews
• Disclaimers