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2008 was a leap year starting on Tuesday of the Gregorian calendar, the 2008th year of the Common Era (CE) and Anno Domini (AD) designations, the 8th year of the 3rd millennium and the 21st century, and the 9th year of the 2000s decade.
January 22, 2008: The US Federal Reserve cut interest rates by 0.75% to stimulate the economy, the largest drop in 25 years and the first emergency cut since 2001. [113] January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance. [114]
During testimony before the US Committee of Government Oversight and Reform, Alan Greenspan remarked that the crisis is "a once-in-a-century credit tsunami". Following a conference at Camp David over the weekend of October 18 and 19th attended by President Nicolas Sarkozy of France and José Manuel Barroso, President of the European Commission, President George W. Bush announced on Wednesday ...
On November 9, 2008, the Chinese economic stimulus program, a RMB¥ 4 trillion ($586 billion) stimulus package, was announced by the central government of the People's Republic of China in its biggest move to stop the global financial crisis from hitting the world's second largest economy. A statement on the government's website said the State ...
As the financial panic developed during September and October 2008, there was a "flight-to-quality" as investors sought safety in U.S. Treasury bonds, gold, and currencies such as the US dollar (still widely perceived as the world's reserve currency) and the Yen (mainly through unwinding of carry trades). This currency crisis threatened to ...
2008 2008 Djiboutian–Eritrean border conflict Eritrea Djibouti: 2008 2011 Cambodian–Thai border dispute Cambodia Thailand: 2008 2008 2008 Bangladesh India border clash Bangladesh India: 2008 2008 Russo-Georgian War Russia South Ossetia Abkhazia Georgia: 2008 2008 2008 Kufra conflict: Libya: Toubou Front for the Salvation of Libya: 2008 2009
Avicii was found dead in the afternoon hours of April 20, 2018, according to a statement from his rep. His tragic death came two years after he announced his retirement from touring in March 2016.
In June 2008 the FAO hosted a High-Level Conference on World Food Security, in which $1.2 billion in food aid was committed for the 75 million people in 60 countries hardest hit by rising food prices. [157] In June 2008, a sustained commitment from the G8 was called for by some humanitarian organizations. [158]