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The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. [1] .
1997-2001 (3 Year) Location. South Korea. It was a case in November 1997 under the Kim Young-sam administration that Korea received funding from the International Monetary Fund (IMF) due to a lack of foreign exchange. The South Korean International Monetary Fund Agreement was implemented when South Korea, which was in a foreign exchange crisis ...
- 02.11.1997
- South Korea
- 1997-2001 (3 Year)
Great Recession. The 2007–2008 financial crisis, or Global Economic Crisis ( GEC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets ...
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This article needs to be updated. Please help update this article to reflect recent events or newly available information. (May 2009)The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more ...
Asia is the largest continent on Earth. It covers 9% of the Earth's total surface area (or 30% of its land area), and has the longest coastline, at 62,800 kilometres (39,022 mi). Asia is generally defined as comprising the eastern four-fifths of Eurasia.
December 11, 2008. Bernard Lawrence Madoff ( / ˈmeɪdɔːf / MAY-dawf; [2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [3] [4] He was at one time chairman of the Nasdaq stock exchange. [5]
G Storm is a 2021 Hong Kong action thriller film directed by David Lam.It is the fifth and final installment in a pentalogy, preceded by Z Storm (2014), S Storm (2016), L Storm (2018) and P Storm (2019), the film stars Louis Koo returning as ICAC investigator William Luk, who investigates a case in the Immigration Department which links to an international human trafficking ring.
