Financial Crisis

Faces of Global Financial Crisis 2008

Probably, there are no country with opened economy in the world, which has not suffered from financial crisis. Troubles about solvency of the biggest financial institutions of U.S.A. and Europe push the world financial system to systematic collapse. British Prime Minister Gordon Brown and Chancellor of the Exchequer Alistair Darling ask parliament to adopt £500 […]




Topics: Angela Merkel, Banks, Brazil, Bush, Business, Dmitry Medvedev, Dow Jones, Dubai, Europe, European Central Bank, Finance, Financial Crisis, Frankfurt, George W. Bush, Gold, Gordon Brown, Henry Paulson, IMF, Italy, Jean-Claude Trichet, Kuwait, London, Madrid, Malaysia, New York, Nicolas Sarkozy, Politics, President, Russia, Silvio Berlusconi, Stock Exchange, Tax, Taxpayer, Tokyo, U.S. Congress, U.S. President, US, World Bank |

Top of the richest people in the world 2009

Magazine Forbes has published the next rating of the richest people in the world. The club of billionaires, according to the magazine Forbes, has lost for last year because of world financial crisis almost half of his fortune. The title of the richest person in the world under the magazine version was received by 53-year-old […]




Topics: Asia, Billionaire, Business, Europe, Finance, Financial Crisis, Tax, Taxpayer |

U.S. President announces 250-billion-dollar plan to buy bank shares

U.S. President George W. Bush makes a statement on the economy in the White House, following a meeting of his working group on financial markets in Washington.




Topics: Banks, Bush, Finance, Financial Crisis, George W. Bush, Politics, President, U.S. Congress, U.S. President, US |

Dow Jones average dips below 8,580 on panic sell-off

Traders work on the floor of the New York Stock Exchange in the final minutes of the trading session in New York.




Topics: Business, Dow Jones, Finance, Financial Crisis, New York, Stock Exchange, US |