On November 17, 2008, the U.S. Navy announced that Somali pirates had hijacked the Sirius Star, … Somali Pirates Hijacked the Largest Oil TankerRead more
2008
Finally, Kosovo was Declared Independent from Serbia
In February 2008, the parliament of Kosovo, Serbia’s southern province with racial Albanian majority was declared … Finally, Kosovo was Declared Independent from SerbiaRead more
Fall of Wall Street had Huge Impact on Economy
The most sensational two days in Wall Street’s history are, on July 28, 2008 when Merrill … Fall of Wall Street had Huge Impact on EconomyRead more
Bankruptcy of Lehman Brothers is recorded as the largest one
On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection. The bankruptcy of Lehman … Bankruptcy of Lehman Brothers is recorded as the largest oneRead more
Rise in Food Prices Created imbalance in Poor and Developed Countries
The sudden increase in food prices in 2008 created global crisis causing political and economical imbalance … Rise in Food Prices Created imbalance in Poor and Developed CountriesRead more