Search For "2008 financial crisis"
US skipping G20 Summit "will have an impact," says High Commissioner of So
Updated : 4 months ago IST
On being asked about the impact of the US boycotting the 2025 G20 Johannesburg summit, Sooklal recounted to ANI that during the 2008 financial crisis, the efforts of the US brought the economy on track.
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President Biden says American banking system remains safe following collap
Updated : 3 years ago IST
"Small businesses across the country that had accounts at Silicon Valley Bank and Signature Bank can breathe easier knowing they'll be able to pay their workers. It won't cost taxpayers a dime. This is paid for with the fees that banks pay into Deposit Insurance Fund," said Biden.
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US Treasury Secretary Yellen rules out bailout for bankrupt Silicon Valley
Updated : 3 years ago IST
"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
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US regulators shut down Silicon Valley Bank
Updated : 3 years ago IST
California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation.
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Concerns over recession grow in South Korea due to inverted yield curve
Updated : 3 years, 5 months ago IST
Seoul [South Korea], September 22 (ANI/Global Economic): Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis.
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US national debt skyrockets, surpasses USD 30 trillion for first time
Updated : 4 years, 1 month ago IST
New York [US], February 2 (ANI): America's national debt on Tuesday hit another sobering milestone surpassing USD 30 trillion for the first time.
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US stocks in multi-week loss, Nasdaq down most since financial crisis
Updated : 4 years, 1 month ago IST
New York [US], January 22 (ANI/Sputnik): US stocks were headed for their worst month since the 2008 financial crisis as Wall Street is beset by a multi-week loss triggered by worries of a streak of interest rate hikes to clamp down on inflation.
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Global energy demand to plunge due to biggest shock since World War II
Updated : 5 years, 10 months ago IST
Paris [France], Apr 30 (ANI): The COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades with the drop in demand this year set to dwarf the impact of the 2008 financial crisis and result in a record annual decline in carbon emissions of almost 8
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Coronavirus-triggered recession may be worse than 2008 meltdown: IMF
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], Mar 24 (ANI): The International Monetary Fund (IMF) expects that the coronavirus pandemic will cause a global recession in 2020 that will be as bad as 2008 financial crisis, IMF Managing Director Kristalina Georgieva said on Monday.
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Global economy faces gravest threat since 2008 crisis as coronavirus sprea
Updated : 6 years ago IST
Paris [France], Mar 2 (ANI): The coronavirus Covid-19 presents the global economy with its greatest danger since the 2008 financial crisis, according to the OECD's latest interim economic outlook released on Monday.
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Federal Reserve cuts interest rate for first time since 2008 financial cri
Updated : 6 years, 7 months ago IST
Washington DC [USA], Aug 1 (ANI): The Federal Reserve on Wednesday cut down its interest rates -- for the first time since the 2008 financial crisis -- by a quarter percentage point in an attempt to ward off the possibility of an economic downturn.
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