2008 Global Crisis
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How It Went Down: Three Accounts Of The Lehman Bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.
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Over 3.5 Million People Lost 'Millionaire' Status Globally In 2022: Report
Over 3.5 million people lost their millionaire status last year, the biggest decline in global wealth since the financial crisis of 2008, revealed the UBS annual wealth report.
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Why Banks Are Failing And What Do You Need To Do Now
The financial world hasn't seen a week like this since 2008, with turmoil in the banking sector igniting fears that the global economy is on the brink of another crisis.
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Silicon Valley Bank Shut Down: Biggest Banking Failures Since 2008
US regulators shuttered Silicon Valley Bank (SVB) on Friday and took control of its deposits, in what amounts to the biggest retail banking failure since the global financial crisis.
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He Predicted 2008 Financial Crash. Now, Warns Of 'Long, Ugly' Recession
Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a "long and ugly" recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.
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World Needs Coordinated Fiscal Response To Coronavirus Pandemic: IMF Chief
Global governments must work together to provide massive spending as in the 2008 financial crisis to help the economy withstand the damage from the coronavirus pandemic, International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday.
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Is Another Recession On The Horizon? Google Search Data Offers Clues
By January 2008, it was clear that something was deeply amiss in the global economy. The unemployment rate was creeping upward. The Federal Reserve had slashed interest rates by the largest amount in 25 years. And financial markets around the world were tumbling.
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Rebuilding Lives, 10 Years After The 2008 Financial Crisis
It is an image that became a symbol of the global financial crisis -- about 20 bankers, their backs turned to the window, attending an emergency meeting at the London office of Lehman Brothers as the firm slid towards collapse.
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Barclays To Pay $2 Billion Fine For 2008 Financial Crisis Era Fraud: US
British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said Thursday.
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Despite Economic Slump, BRICS' Potential, Strength Unchanged: President Xi
Even though the 2008 credit crisis and the "treacherous recovery" of global economy has impacted growth among the BRICS countries, Chinese President Xi Jinping today said the potential and the inherent strength of the five-nation grouping of emerging economies continues to be unchanged.
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Drug-Resistant Infections Could Spark Financial Crisis: Study
The spread of superbugs that are resistant to all known drug treatments could spark a global financial crisis on the level of the 2008 meltdown or worse, a World Bank-led study warned on Monday.
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Sony Warns Over Falling Mobile Sales; Stays in Black Thanks to PlayStation
The profit was only its second since the 2008 global financial crisis preceded years of eye-watering losses.
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Big Banks Need Extra Trillion-Euro Cushion Against Future Crises: G20 Body
The world's biggest banks must bolster their cash reserves by up to 1.1 trillion euros ($1.2 trillion) as protection against any future financial crises, an influential advisory body said today.
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Vijender Singh seeks government help to resolve boxing crisis
The 2008 Beijing Olympics bronze medallist believes that unless the country's sporting authorities do not maintain a clean image in the global sporting arena, it would be very difficult for the athletes to do well in the upcoming events like Commonwealth Games and Asiad, slated to take place later this year.
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How It Went Down: Three Accounts Of The Lehman Bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.
-
Over 3.5 Million People Lost 'Millionaire' Status Globally In 2022: Report
Over 3.5 million people lost their millionaire status last year, the biggest decline in global wealth since the financial crisis of 2008, revealed the UBS annual wealth report.
-
Why Banks Are Failing And What Do You Need To Do Now
The financial world hasn't seen a week like this since 2008, with turmoil in the banking sector igniting fears that the global economy is on the brink of another crisis.
-
Silicon Valley Bank Shut Down: Biggest Banking Failures Since 2008
US regulators shuttered Silicon Valley Bank (SVB) on Friday and took control of its deposits, in what amounts to the biggest retail banking failure since the global financial crisis.
-
He Predicted 2008 Financial Crash. Now, Warns Of 'Long, Ugly' Recession
Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a "long and ugly" recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.
-
World Needs Coordinated Fiscal Response To Coronavirus Pandemic: IMF Chief
Global governments must work together to provide massive spending as in the 2008 financial crisis to help the economy withstand the damage from the coronavirus pandemic, International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday.
-
Is Another Recession On The Horizon? Google Search Data Offers Clues
By January 2008, it was clear that something was deeply amiss in the global economy. The unemployment rate was creeping upward. The Federal Reserve had slashed interest rates by the largest amount in 25 years. And financial markets around the world were tumbling.
-
Rebuilding Lives, 10 Years After The 2008 Financial Crisis
It is an image that became a symbol of the global financial crisis -- about 20 bankers, their backs turned to the window, attending an emergency meeting at the London office of Lehman Brothers as the firm slid towards collapse.
-
Barclays To Pay $2 Billion Fine For 2008 Financial Crisis Era Fraud: US
British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said Thursday.
-
Despite Economic Slump, BRICS' Potential, Strength Unchanged: President Xi
Even though the 2008 credit crisis and the "treacherous recovery" of global economy has impacted growth among the BRICS countries, Chinese President Xi Jinping today said the potential and the inherent strength of the five-nation grouping of emerging economies continues to be unchanged.
-
Drug-Resistant Infections Could Spark Financial Crisis: Study
The spread of superbugs that are resistant to all known drug treatments could spark a global financial crisis on the level of the 2008 meltdown or worse, a World Bank-led study warned on Monday.
-
Sony Warns Over Falling Mobile Sales; Stays in Black Thanks to PlayStation
The profit was only its second since the 2008 global financial crisis preceded years of eye-watering losses.
-
Big Banks Need Extra Trillion-Euro Cushion Against Future Crises: G20 Body
The world's biggest banks must bolster their cash reserves by up to 1.1 trillion euros ($1.2 trillion) as protection against any future financial crises, an influential advisory body said today.
-
Vijender Singh seeks government help to resolve boxing crisis
The 2008 Beijing Olympics bronze medallist believes that unless the country's sporting authorities do not maintain a clean image in the global sporting arena, it would be very difficult for the athletes to do well in the upcoming events like Commonwealth Games and Asiad, slated to take place later this year.
