What big events happened in 2008?
- Tibetan monks arrested after the March, 14 unrest.
- Cyclone Nargis killed more than 138,000 in Myanmar.
- 2008 Sichuan earthquake.
- XXIX Summer Olympics in Beijing, China.
- South Ossetia war.
- November terrorist attacks in Mumbai.
- Lehman Brothers went bankrupt following the subprime mortgage crisis.
What events happened in October 2008?
October 2008 Current Events
- Iraq Takes Control of Awakening Councils (Oct.
- Russian Peacekeepers Are Killed in South Ossetia (Oct.
- Anti-government Protests in Thailand Become Deadly (Oct.
- Ukraine’s President Dissolves Parliament (Oct.
- U.S. Revises Estimate of Civilian Deaths in Afghan Raid (Oct.
What was happening in May 2008?
Tornadoes Strike in Midwest and South (May 11): More than 20 people die and hundreds more are injured when tornadoes hit Missouri, Oklahoma, and Georgia. Racine, a town about 170 miles south of Kansas City, Missouri saw the most damage, leaving about 9,000 people without electricity for over three days.
What was happening August 2008?
Taliban Launches Major Attack in Afghanistan (Aug. 18 and 19): As many as 15 suicide bombers backed by about 30 militants attack a U.S. military base, Camp Salerno, in the eastern province of Khost. Fighting between U.S. troops and members of the Taliban rages overnight. No U.S. troops are killed.
What happened on 13th October 2008?
13 Oct, 2008 U.S.A. Dow Jones October 13th, 2008 : After suffering a meltdown in the markets in the preceding weeks with the Dow Jones Industrial Average falling below 7900 markets rally with a gain of 936 points, its highest ever one day gain.
What caused the 2008 crash?
The stock market and housing crash of 2008 had its origins in the unprecedented growth of the subprime mortgage market beginning in 1999. U.S. government-sponsored mortgage lenders Fannie Mae and Freddie Mac made home loans accessible to borrowers who had low credit scores and a higher risk of defaulting on loans.
What historical events happened in the year 2008?
Historical Events in 2008 1 Event of Interest 2 United Nations 3 Event of Interest. Jan 21 Black Monday in worldwide stock markets. 4 Australian Open Women’s Tennis 5 Australian Men’s Tennis Open. 6 Grammy Awards 7 BAFTA Awards. 8 NBA All-Star Game 9 Event of Interest. 10 Event of Interest
What happened in South Korea in 2008?
Feb 10 The 2008 Namdaemun fire severely damages Namdaemun, the first National Treasure of South Korea. Feb 10 50th Grammy Awards: Amy Winehouse wins 5 awards including song “Rehab”, Herbie Hancock wins Album of the Year
What happened to the global economy in 2008?
In 2008, the face of the global economy changed forever. Investment banks, the secondary credit market, and an unregulated financial market disappeared. As the free market failed, the government bought a controlling share in banks and insurance companies. The central banks around the world propped up the financial system.
What was the most important news story of 2008?
2008 In Review: Top 10 News Stories Of The Year. 1. Global Financial Crisis. 2. Barack Obama Elected 44th U.S. President. 3. Russia-Georgia War. 4. Kosovo Declares Independence. 5. Russia’s Change In Leadership.