The financial crisis ten years ago to the day
The 9th of August 2007 probably means little to most people, but for the financial world it is a day etched on the memory. Generally considered to be the start of the global financial crisis, exactly ten years ago French banking giant BNP Paribas froze two funds exposed to US subprime mortgages. The move sparked panic and saw short-term lending between banks grind to a halt A month later long queues began forming outside Northern Rock, triggering the first run on a UK high street bank since… READ MORE : http://ift.tt/2upoxmk What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews euronews is available in 13 languages: https://www.youtube.com/user/euronewsnetwork/channels In English: Website: http://ift.tt/16lqeRI Facebook: http://ift.tt/N9quwy Twitter: http://twitter.com/euronews Google+: http://ift.tt/18C3AB7 VKontakte: http://ift.tt/16lqfFj
The 9th of August 2007 probably means little to most people, but for the financial world it is a day etched on the memory. Generally considered to be the start of the global financial crisis, exactly ten years ago French banking giant BNP Paribas froze two funds exposed to US subprime mortgages. The move sparked panic and saw short-term lending between banks grind to a halt A month later long queues began forming outside Northern Rock, triggering the first run on a UK high street bank since… READ MORE : http://ift.tt/2upoxmk What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews euronews is available in 13 languages: https://www.youtube.com/user/euronewsnetwork/channels In English: Website: http://ift.tt/16lqeRI Facebook: http://ift.tt/N9quwy Twitter: http://twitter.com/euronews Google+: http://ift.tt/18C3AB7 VKontakte: http://ift.tt/16lqfFj
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