Oil surpasses $126 per barrel ahead of US driving season
Oil prices surpassed a record $126 per barrel Friday on the eve of the U.S. driving season as a weakening dollar drove investors to snap up commodities. Nations:[Venezuela][Colombia][Australia][Switzerland] People:[Hugo Chavez] Activities:[2007 Oil Price Crisis] 2008-05-09 Taiwan votes for president
Taiwan went to the polls on Saturday to elect a president who could usher in a new era in relations with China in one of the hottest potential flashpoints in Asia. Nations:[Taiwan][Switzerland] People:[Su Tseng-chang][Frank Hsieh][Ma Ying-jeou][Chen Shui-bian] Activities:[2008 Taiwan Election] 2008-03-21 After Bear Stearns rescue, who's next?
With a deal in place to save Bear Stearns from bankruptcy, the company's shares traded above the offer price Monday even as investors began turning a critical eye to other investment banks amid worries about how far the credit contagion could spread. Nations:[U.S.] Activities:[Bear Stearns Crash] 2008-03-17 Global markets tumble
Global markets plunged Monday on news that JPMorgan Chase, backed by the U.S. government, had to rescue troubled Bear Stearns, with investors struggling to gauge how much worse financial markets could get. Nations:[Switzerland][Philippines] Activities:[Bear Stearns Crash][Hong Kong Markets][Japanese Markets][European Markets] 2008-03-17 Dalai Lama calls for Tibet "probe"
The Dalai Lama called Sunday for an international investigation into China's crackdown against riots in Tibet, which he said is facing a "cultural genocide" and where his exiled government said 80 people were killed in the violence. China's state media said 10 people were killed by Tibetan mobs. Nations:[China][Switzerland] People:[Dalai Lama][Condoleezza Rice] Activities:[2008 Tibet Riot] 2008-03-16 Defiant Kosovo celebrates independence
Revelers fired guns, waved red-and-black Albanian flags and set off fireworks over Kosovo Sunday after parliament proclaimed independence in defiance of Serbia and Russia, which condemned the declaration of the world's newest nation. Nations:[Russia][Serbia][Slovenia][Switzerland] People:[Vladimir Putin] Activities:[Kosovo Independence] 2008-02-17 Djokovic beats Tsonga for Aussie title
Novak Djokovic started making peace with the crowd as soon as he lifted the trophy. After beating Jo-Wilfried Tsonga 4-6, 6-4, 6-3, 7-6 (2) Sunday night to win the Australian Open for his first Grand Slam title, Djokovic knew a little public relations was in order. Nations:[Australia][Belarus][Ukraine] People:[Pete Sampras][Marat Safin][Svetlana Kuznetsova][Maria Sharapova][Roger Federer][Rafael Nadal] Activities:[2008 Australian Open] 2008-01-27 Djokovic stuns Federer at Open
Roger Federer's streak of 10 straight Grand Slam finals came to an abrupt end Friday when he lost to No. 3 Novak Djokovic 7-5, 6-3, 7-6 (5) in the Australian Open semifinals. People:[Novak Djokovic][Rafael Nadal][Maria Sharapova][Roger Federer][James Blake][Gustavo Kuerten] Activities:[2008 Australian Open] 2008-01-25 Societe Generale uncovers massive fraud
Societe Generale uncovered a $7.14 billion fraud -- one of history's biggest -- by a single futures trader who orchestrated a series of bogus transactions that spiraled out of control amid roiling markets this week, the French bank said Thursday. Nations:[France][Switzerland][Singapore] Activities:[2007 Global Credit Crunch][2008 Societe Generale Fraud] 2008-01-24 Federer beats Blake at Australian Open
Top-ranked Roger Federer overcome a pesky challenge from No. 12 James Blake 7-5, 7-6 (5), 6-4 Wednesday to reach the Australian Open semifinals. Nations:[Slovakia] People:[Venus Williams][Novak Djokovic][Maria Sharapova][Jelena Jankovic][Pete Sampras][Daniela Hantuchova] Activities:[2008 Australian Open] 2008-01-23 Market plunge is storm warning for world leaders
This week's stock market slide provides a stark storm warning for global business leaders and policymakers meeting in Switzerland, as pleas for some form of coordinated policy response rise. Nations:[Switzerland] People:[Henry Paulson][George Soros][Gordon Brown] 2008-01-22 Subprimes force UBS to write down $10B
Swiss banking giant UBS AG said Monday it will write off a further $10 billion on losses in the U.S. subprime lending market and will raise capital by selling substantial stakes to Singapore and an unnamed investor in the Middle East. Nations:[Singapore] Activities:[2007 Global Credit Crunch] 2007-12-10
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