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On February 4, 2013, President Obama signed into law the "No Budget, No Pay Act of 2013", which suspended the U.S. debt ceiling through May 18, 2013. The bill was passed in the Senate one week previously by a vote of 64–34, with all "no" votes from Republican senators, [ 13 ] who were critical of the lack of spending cuts that accompanied an ...
Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death ...
January 11, 2013: Sunwest Bank 97.7 2 1st Regents Bank Andover Minnesota January 18, 2013: First Minnesota Bank 50.2 3 Covenant Bank Chicago Illinois February 15, 2013: Liberty Bank and Trust Company 58.4 4 Frontier Bank LaGrange Georgia March 8, 2013: HeritageBank of the South 258.8 5 Gold Canyon Bank Gold Canyon Arizona April 5, 2013
British credit crisis of 1772–1773 – started in London and Amsterdam, begun by the collapse of the bankers Neal, James, Fordyce, and Down. War of American Independence Financing Crisis (1776) (United States) – The French monarchy went deeply into debt to finance its 1.4 billion livre support for the colonial rebels; Spain invested 700 ...
The 2013 May Day protests were a series of international protests involving hundreds of thousands of people that took place worldwide on May Day (1 May 2013) over the ongoing global economic crisis including austerity measures and poor working conditions. 2013 May Day protests report by Voice of America.
Iceland fell into an economic depression in 2008 following the collapse of its banking system (see 2008–2011 Icelandic financial crisis). By mid-2012 Iceland is regarded as one of Europe's recovery success stories largely as a result of a currency devaluation that has effectively reduced wages by 50%--making exports more competitive.
Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross metropolitan product totaled US$770.7 billion in 2020, [1] [2] surpassing the total economic output of Switzerland and making Chicago's ...
2013 was a common year starting on Tuesday of the Gregorian calendar, the 2013th year of the Common Era (CE) and Anno Domini (AD) designations, the 13th year of the 3rd millennium and the 21st century, and the 4th year of the 2010s decade.