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The August 2011 stock markets fall was the sharp drop in stock prices in August 2011 in stock exchanges across the United States, Middle East, Europe and Asia. This was due to fears of contagion of the European sovereign debt crisis to Spain and Italy, as well as concerns over France's current AAA rating, [1] concerns over the slow economic growth of the United States and its credit rating ...
1973–1974 stock market crash. The 1973–1974 stock market crash caused a bear market between January 1973 and December 1974. Affecting all the major stock markets in the world, particularly the United Kingdom, [1] it was one of the worst stock market downturns since the Great Depression, the other being the financial crisis of 2007–2008. [2]
On 6 August 1945, at 8:15 am local time, the United States detonated an atomic bomb over the Japanese city of Hiroshima. Sixteen hours later, American President Harry S. Truman called again for Japan's surrender, warning them to "expect a rain of ruin from the air, the like of which has never been seen on this earth."
The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
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Substantial debate exists over the ethical, legal, and military aspects of the atomic bombings of Hiroshima and Nagasaki on 6 August and 9 August 1945 respectively at the close of World War II (1939–45). On 26 July 1945 at the Potsdam Conference, United States President Harry S. Truman, British Prime Minister Winston Churchill and President ...
The curve did not return to normal until 3 March when the Federal Open Market Committee (FOMC) lowered the federal funds rate target by 50 basis points. [ 9 ] [ 10 ] In noting decisions by the FOMC to cut the federal funds rate by 25 basis points three times between 31 July and 30 October 2019, [ 11 ] [ 12 ] [ 13 ] on 25 February 2020, former U.S.