2008 in economics

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{{Missing information|other economics-related events during this time frame|date=May 2023}}

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The following economics-related events occurred in 2008.

Events

=October=

  • October 5
  • The German government moves to back troubled Hypo Real Estate with a 50 billion euro rescue plan. [http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BD97E28E7%2D42B0%2D4DE5%2DB730%2D13B59C349C04%7D&siteid=mktw (MarketWatch)]
  • German Chancellor Angela Merkel announces that Germany will explicitly guarantee the deposits in banks held by its citizens. [http://www.marketwatch.com/news/story/germany-guarantees-private-deposits/story.aspx?guid=%7BF3E91BFE%2DEF8B%2D47B2%2DBCE3%2D3B9FB167F9F0%7D (MarketWatch)]
  • October 9
  • Iceland nationalises Kaupthing Bank.
  • IMF: World on brink of recession; prepares special loan program.
  • Markets down across the world; Dow Jones falls below 9,000.
  • October 10
  • Hampshire councils have £3 million invested in Icelandic banks.
  • Dow Jones recovers hundreds of points, before losing them in minutes.
  • Global markets plunge.
  • WTO calls meeting on trade finance and economic crisis.
  • October 11
  • G7 says "all available tools" will be used to solve crisis.
  • October 11: Iceland and United Kingdom in diplomatic dispute over financial crisis.
  • October 11: George W. Bush attempts to reassure Americans in radio address.{{cite web|url=http://www.icenews.is/2008/10/11/the-british-brought-down-icelands-largest-company-with-their-abuse-of-power/#axzz3wwZpFyB6|title=PM: British to blame for Iceland bank collapse|publisher=Icenews|language=English|date=11 October 2008|accessdate=11 January 2016}}

References

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{{portal|Business and economics}}

{{DEFAULTSORT:2008 In Economics}}