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Oct 23

2008 economic crisis and trends

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New York Stock Exchange

In 2008, a global economic crisis was suggested by several important indicators of economic downturn worldwide. These included high oil prices, which led to both high food prices (due to a dependence of food production on petroleum, as well as using food as an alternative to petroleum) and global inflation; a substantial credit crisis leading to the bankruptcy of large and well established investment banks as well as commercial banks in various nations around the world; increased unemployment; and the possibility of a global recession.

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Sep 28

2008 Russian financial crisis

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Moscow City

The 2008 Russian financial crisis is an ongoing crisis on Russian markets, as nervousness over the global banking crisis has been compounded by political fears after the war with Georgia, as well as renewed concern about state intervention in corporations of strategic interests. Russia's economy is also heavily dependent on energy prices, especially oil which has lost more than a third of its value since its record peak of USD 147 on July 11, 2008.

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Aug 22

Reactions to the conflict in Georgia

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Georgian Pipelines

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20
May 27

Mass-Media: The Oil

Oil well

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23
May 27

Oil prices

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Oil prices

Oil prices
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22
May 27

Oil well

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Oil well

Oil well
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Gambling

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