What major events happened in March 2008?

What major events happened in March 2008?

March 2008 Current Events

• Fighting Between Israel and Hamas Continues (March 2): More than 100 Palestinians are killed in five days as members of Hamas and the Israeli military trade rocket fire.
• Putin’s Choice for President Is Easily Elected (March 2): As expected, Dmitri A.

What happened Nov 2008?

Democrat Barack Obama wins the 2008 United States presidential election after beating Republican John McCain, becoming the first African American to be elected to the office of President of the United States. (CNN)

What was happening in June 2008?

Bombings Kill Dozens in Iraq (June 17): At least 60 people are killed and about 75 are wounded when an explosive-laden minibus explodes at a bus terminal near a crowded market in a Shiite district of Baghdad. The blast causes an apartment building to burst into flames.

What happened in the month of May 2008?

Cyclone Devastates Myanmar (May 3): Cyclone Nargis ravages the Irrawaddy Delta and Yangon, killing 78,000 people and leaving up to a million homeless. Tornadoes Strike in Midwest and South (May 11): More than 20 people die and hundreds more are injured when tornadoes hit Missouri, Oklahoma, and Georgia.

What caused the crash in 2008?

The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. When the values of the derivatives crumbled, banks stopped lending to each other. That created the financial crisis that led to the Great Recession.

What fun facts happened in 2008?

Back in the year 2008, Google released the first “public version” of the Chrome web browser. Over 7,000 Starbucks locations took a three-hour coffee break for employee training. Life expectancy in the U.S. fell slightly to 77.8 years, the first drop since 2004. The United States was also the 18th most obese nation.

What caused the 2008 market crash?

The stock market crash of 2008 was a result of defaults on consolidated mortgage-backed securities. Subprime housing loans comprised most MBS. Banks offered these loans to almost everyone, even those who weren’t creditworthy. When the housing market fell, many homeowners defaulted on their loans.

What famous event happened in 2008?

November 4 – 2008 United States presidential election: Democratic U.S. Senator Barack Obama is elected as the 44th President of the United States and U.S. Senator Joe Biden is elected the 47th Vice President. Barack Obama becomes the first African-American President-elect.

What were the top 10 news stories of the year 2008?

2008 In Review: Top 10 News Stories Of The Year 1. Global Financial Crisis 2. Barack Obama Elected 44th U.S. President As “Time” magazine said in awarding Obama its “Person of the Year” honors,… 3. Russia-Georgia War Who started it, and when? Those questions about the brief but bloody August war

What are some historical events that happened in 2008?

Historical Events in 2008 1 Event of Interest 2 United Nations 3 Event of Interest. Jan 21 Black Monday in worldwide stock markets. 4 Australian Open Women’s Tennis 5 Australian Men’s Tennis Open. 6 Grammy Awards 7 BAFTA Awards. 8 NBA All-Star Game 9 Event of Interest. 10 Event of Interest

What happened at the Golden Globe Awards in 2008?

January 7 – NBC announces the 2008 Golden Globe Awards Ceremony will be canceled due to the Writers Guild of America strike. The network announces the winners in a 1-hour news conference. Mickey Rourke and Tina Fey, among others, are winners. January 9 – President George W. Bush begins a tour of the Middle East with a stop in Israel.

What happened in the 2008 election in California?

Also in the election, Democrats increase their majority in the House and pick up five seats in the Senate. Nov. 4: Voters in California narrowly pass a ballot measure, Proposition 8, that overturns the May 15, 2008, California Supreme Court decision that said same-sex couples have a constitutional right to marry.