The recession in USA extended its nails to Europe, Asia in a short span. Help of Crores of dollars to survive is insufficient and yet 4 trillion dollars are required. None of the so called experts predicted such situation at start of the year.
Lehman Brothers which has seen and survived great recession of 1930 could not survive this recession. Merrill Lynch merged with Bank of America to survive of loss of 7100 Crore US $. Giant auto firms, Big 3 of Detroit, namely General Motors, Ford and Chrysler demanded help of Government and were given support. American Federal Reserve helped AIG by US $ 8500 Crore.
Inflation in Zimbabwe crossed 23 Crore percent. In India inflation last declared is 6.4%, just for comparision. To buy a ticket in a local bus, they need a 1000 Crore of Zimbabwe dollars.
Many lost their jobs as company tried to cut expenses.
80 Thousand lost their lives in an earthquake in China.
Obama won American National Election.
In Kenya, riots claimed more than 1000.
Pakistan: Era of Mushrraf came to an end. After terrorist attack on Mumbai and Kasab, live arrested terrorist, has confirmed he is from Pakistan. But Zardari kept on demanding more proofs and didn't take any steps to stop terrorism across broder.
'This is a farewell kiss you dog." : One Iraqi reporter at a meeting at Bagdad threw a shoe targetting Bush. But Bush successfully ducked. Few games were developed immediately in which player has to target bush with a shoe. The games became popular in hours. He has become a hero of Arabians.
Olympic 2008 was hosted by China and it captured 51 gold medals. From India, A Bindra won gold medal for shooting. S Kumar won bronze medal for wrestling. V Kumar won bronze medal for boxing. These were the only medals won by Indians.
Lehman Brothers which has seen and survived great recession of 1930 could not survive this recession. Merrill Lynch merged with Bank of America to survive of loss of 7100 Crore US $. Giant auto firms, Big 3 of Detroit, namely General Motors, Ford and Chrysler demanded help of Government and were given support. American Federal Reserve helped AIG by US $ 8500 Crore.
Inflation in Zimbabwe crossed 23 Crore percent. In India inflation last declared is 6.4%, just for comparision. To buy a ticket in a local bus, they need a 1000 Crore of Zimbabwe dollars.
Many lost their jobs as company tried to cut expenses.
80 Thousand lost their lives in an earthquake in China.
Obama won American National Election.
In Kenya, riots claimed more than 1000.
Pakistan: Era of Mushrraf came to an end. After terrorist attack on Mumbai and Kasab, live arrested terrorist, has confirmed he is from Pakistan. But Zardari kept on demanding more proofs and didn't take any steps to stop terrorism across broder.
'This is a farewell kiss you dog." : One Iraqi reporter at a meeting at Bagdad threw a shoe targetting Bush. But Bush successfully ducked. Few games were developed immediately in which player has to target bush with a shoe. The games became popular in hours. He has become a hero of Arabians.
Olympic 2008 was hosted by China and it captured 51 gold medals. From India, A Bindra won gold medal for shooting. S Kumar won bronze medal for wrestling. V Kumar won bronze medal for boxing. These were the only medals won by Indians.
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