ECONOMY - current events / history ** Dr-Know / IQ-2k


  02-08-16 ^
  The central bank of Japan institutes NEGATIVE INTEREST 
   -
  key_> economy - recession ; interest rate; economic stimulus ;

  01-15-16   ^
  DOW Jones Industrial Average and oil prices fall again for the
  worse January start ever
  -
  key_>  stock market index ; market correction ;

  01-13-16   ^
  DOW Jones Industrial average drops into correction territory
  -
  key_> stock market index ;

  01-07-16   ^
  Global markets take another steep drop - the second in three days.
  -
  key_> stock market ; market correction 

  01-04-16   ^ 
  China�s stock market drops 7% triggering newly implemented circuit 
  breakers - markets around the globe drop in response
  -
  key_> stock market ; market correction


  12-16-15   ^
  The Fed raises interest rates for the first time in 10 years
  -
  key_> financial collapse - the Great Recession ; economic recovery

  08-24-15   ^
  More losses for global market ; DOW down 588 pts -
  previous day loss 508 pts ; 1st interday loss over 1000 pts.
  - 
  key_> stock market ; 
 
  08-11-15   ^
  China devalues the Yuan sending global stock markets 
  tumbling ;
  -
  key_> economic slow down ; investment economy ; 
  consumer economy ;

  07-13-15 ^
  Emergency meeting of EUROPEAN FINANCE MINISTERS 
  yields a 3-yr GREEK BAILOUT plan - the 3rd since the BANKING 
  CRISIS

  07-08-15 ^
  Following Fridays drop CHINA's STOCK MARKET has lost more 
  than 30% since June
   -
  key_> stock market crash ; 

  03--02-15   ^
  The NASDAQ closes above 5000 for first time since the 
  2001 Dot Com Crash 
   -
  key_> stock market ; technology stocks


  01-22-15   ^ 
  The European Central Bank (ECB) announce the 
  beginning of a $16 billion per month quantitative 
  easing program
   -
  key_> economic stimulus ; slow growth


  12-16-14 ^
  Russian Rubble takes another big slide following the 
  continued fall in price of oil
  -
  key_> oil price crash ; 

  11-07-14 ^
   9th month of job gains over 200,000 best since 1995
   --
   key_> employment - economic recovery ; Great 
   Recession ; unemployment rate ;

  10-29-14 ^
  The Fed formally announces the end to QEIII monetary 
  stimulus program
  --
  key_> the Great Recession - economic recovery ; 
  bond buying program

  08-06-14   ^
  First  of its kind Africa Leaders Conference held in 
  Washington, D.C. ends today
  --
  key_>  economy  ;  economic development  ;  
  Ebola outbreak

  07-31-14   ^
  A U.S. court rules in favor of two hedge funds that 
  denies Argentina the right to pay other creditors 
  causing the country to default
  --
  key_> vulture funds
     ****
  The DOW Jones Industrial Average drops 
  317 points
  --
  key_> stock market ; geopolitical unrest

  07-04-14   ^
  Chinese Preimere  Ping visits South Korea in 
  an apparent snub to their long-time  allie North 
  Korea
  -
  key_> Asia economy ;

  07-03-14   ^
  The June jobs  report surprises  economists with 
  the  best job  growth  since 1999  -  the report 
  showed 288,000 jobs were  created which sent the 
  DOW Jones  above 17,000  in another record close
  -
  key_> economic recovery  ; economic growth ; The 
        Great Recession

  06-25-14  ^
  A second downward  revision of first quarter GDP 
  indicates that the  economy  fell  2.9%  due the 
  harsh winter.
  -
  key_> economic output - jobs ; economic recovery 
        the Great Recession

  06-04-14   ^
  G8 .. now G7 meet in Brussels, Belgium - Russia has 
  been excluded due to the crisis in Ukraine 

   01-22-14   ^
   World Economic Forum begins in Davos , 
   Switzerland


  10-17-13   ^
  deal reached to end government shutdown
  key_> budget battle - spending, appropriations

  10-08-13   ^
  President Obama holds a press conference concerning government
  shutdown
  key_> budget battle ; government funding

  10-01-13   ^
  Partial government shutdown takes affect over budget battle
  attempting to defund the Affordable Care Act
  key_> ACA - Obamacare ;

  09-10-13   ^
  Change in the make-up of the DOW Industrial Average ; Bank of
  America, Hewlett Packard, ALCOA replaced by VISA, Nike, Goldman
  Sachs
  key_> stock market index ; 

  09-05-13   ^
  G20 meets in St. Petersburg
  key_> Russia ; global economy ;  economics

  06-24-13   ^
  China raises interest rate causing stock drop over 5%
  key_> economics ;  banking ; inflation

  06-20-13   ^
  Big two day drop in the DOW
  key_> stock market ; economics

  06-17-13   ^
  G8 summit in Northern Ireland
  key_> global economy ; economics

  04-16-13   ^
  Gold drops 25% in 2 days of trading
   key_> commodities ; metals ; economics ;

  03-25-13   ^
  Vast offshore accounts, primarily Russian, lead to a managed
  bankruptcy for the 2nd largest bank in Cyprus ; the
  controversial action secures EU bailout money
  key_> global banking ; offshore tax haven ; 

  03-19-13   ^
  Banking crisis in Cyprus
  key_> offshore tax haven

  03-01-13   ^
  Automatic budget cuts known as the sequester take effect
  key_> fiscal cliff

  01-15-13   ^
  Congress delays the debt ceiling vote and agrees to meet all
  obligations until May
  key_> Federal deficit / debt

  01-02-13   ^
  A minor deal to avert the "Fiscal Cliff" allows Bush-Era tax
  cuts to remain for everyone earning below $ 400,000 ; the
  automatic budget cuts known as the sequester have been
  postponed until March
  key_> Federal deficit / debt


  11-14-12   ^
  Coordinated work stoppage in the PIGS countries to protest
  austerity measures

  09-19-12   ^
  U.S. housing numbers continue to show improvement
  key_> economic rebound

  09-13-12   ^
  The FED announces QE-III ; $50b per month to buy mortgage
  backed securities
  key_> monetary stimulus ; banking crisis ; economic recovery

  09-07-12   ^
  Despite disappointing jobs numbers (96,000 jobs created) the
  unemployment rate still ticked down
  key_> economic recovery

  09-06-12   ^
  ECB (European Central Bank) announces OMT ( outright monetary
  transfer ) - a move similar to the U.S. Federal Reserve
  Quantative Easing ( QE-I ; QE-II )
  key_> monetary stimulus ; banking crisis ; economic recovery ;
        European debt crisis

  08-03-12   ^
  July jobs numbers came in well above estimates (163,000)
  key_> economic recovery

  07-12-12   ^
  Moody's downgrades Italy 's credit rating
  key_> PIGS - European debt crisis

  06-29-12    ^
  Eurozone economic summit concludes on a high note - major
  provisions send world stock markets up sharply (+277pts DOW)
  key_>  European debt crisis

  06-23-12   ^
  Fitch downgrades Cyprus credit rating to Junk
  key_> European debt crisis

  06-09-12   ^
  Eurozone lends Spain $125b
  key_> sovereign debt / bank bailout
   **
  three day jump sends DOW back up again
  key_> stock market

  06-07-12   ^
  China cuts interest rates to combat slowing economy
  key_> global slowdown

  06-01-12   ^
  274 pt. drop on DOW Jones due to disappointing jobs numbers
  key_> stock market volatility

  03-29-12   ^
  BRICS summit
  key_> BRICS - Brazil , Russia , India , China , South Africa
  key_> emerging markets

  03-10-12   ^
  2nd debt deal reached in Greece - biggest in history
  key_> PIGS - European debt crisis

  02-21-12   ^
  EU reaches agreement for bailout in Greece
  key_> PIGS - European debt crisis