Search results
Results From The WOW.Com Content Network
Clockwise from top-left: Lehman Brothers went bankrupt following the subprime mortgage crisis; Cyclone Nargis kills upwards of 138,373 in Myanmar and became the 7th-deadliest cyclone of all time; the 2008 Summer Olympics are held in Beijing, China whilst a series of unrest in Tibet was occurring against the games; an earthquake in Sichuan kills over 87,000 and became the 18th-deadliest ...
January 7 – NBC announces the 2008 Golden Globe Awards Ceremony will be canceled due to the Writers Guild of America strike. The network announces the winners in a 1-hour news conference. Mickey Rourke and Tina Fey, among others, are winners. January 9 – President George W. Bush begins a tour of the Middle East with a stop in Israel.
The 2007–2008 financial crisis, or the global financial crisis ( GFC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets within banks ...
"I think the biggest bubble right now is commercial real estate,” Gary Shilling, an economist best known for correctly forecasting the 2008 housing crash, said on investing podcast The Julia La ...
This is an archived version of Wikipedia's Current events Portal from July 2008. At least 38 people die as a motorised ferry sinks in Myanmar 's Irrawaddy Delta. (CNN) Police in Portugal announce that they are closing the investigation on the disappearance of Madeleine McCann. (NineMsn news)
January 8 - The second 2008 U.S. presidential primary season nominating contests for both Democrats and Republicans were held in New Hampshire. Then-U.S. Senator Hillary Clinton of New York won the Democrat contest, whilst then-U.S. Senator of Arizona John McCain won the Republican race. January 14 - Cyprus, Malta, and Akrotiri and Dhekelia ...
Law and crime Salim Hamdan, Osama Bin Laden's former driver, is sentenced to 66 months in prison for war crimes. (The New York Times) The Mayor of Detroit Kwame Kilpatrick is ordered to go to jail for violating the terms of his bond for an ongoing perjury trial. (NPR) Politics and elections The leaders of the 2008 Mauritanian coup d'état promise to hold elections as soon as possible. (Xinhua ...
May 12, 2008( 2008-05-12)(Monday) 2008 Sichuan earthquake: A magnitude 7.9 earthquake hits China 's Sichuan province, killing at least 22,000 people. (BBC News) United Nations Secretary-General Ban Ki-moon says he is "immensely frustrated" at the State Peace and Development Council 's slow response to the cyclone.