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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.
October 2, 2008: Stock market indices fell 4% as investors were nervous ahead of a vote in the U.S. House of Representatives on the Emergency Economic Stabilization Act of 2008. [147] October 3, 2008: The House of Representatives passed the Emergency Economic Stabilization Act of 2008 and the $700 billion Troubled Asset Relief Program. [148]
In mid-March 2008, Bear Stearns was bailed out by a gift of $29 billion non-recourse treasury bill debt assets. [56] In early July 2008, depositors at the Los Angeles offices of IndyMac Bank frantically lined up in the street to withdraw their money. On July 11, IndyMac, a spinoff of Countrywide, was seized by federal regulators—and called ...
July 10 – The 2008 Major League Baseball All-Star Game takes place at Yankee Stadium. [33] The home American League wins 4–3 in 15 innings, giving home field advantage in the 2008 World Series to the AL champion, which eventually came to be the Tampa Bay Rays. July 18 – The Dark Knight, directed by Christopher Nolan, is released. It was ...
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.
The 2008 Republican National Convention took place at the Xcel Energy Center in Saint Paul, Minnesota, from September 1, through September 4, 2008. [1] The first day of the Republican Party's convention fell on Labor Day, the last day of the popular Minnesota State Fair, though because of Hurricane Gustav, this day was mostly a call for action to help victims and formal, required activities ...
The UK officially enters the recession as GDP fell by 1.5% in the last quarter of 2008 following a 0.6% drop in the third quarter, [66] with unemployment growing by 131,000 to 1.92 million (6.1%) in the three months leading to November 2008. [67] The British economy only grew 0.7% in 2008, the weakest growth since 1992. [68]
The following is a timeline of major events leading up to and immediately following the United States presidential election of 2008. The election was the 56th quadrennial United States presidential election. It was held on November 4, 2008, but its significant events and background date back to about 2002.