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Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate Mechanism (ERM I), following a failed attempt to keep its exchange rate above the lower limit required for ERM participation.
The day when junior doctors typically start work has also been dubbed "Black Wednesday" among NHS staff. A 2009 Imperial College London study of records for 300,000 patients at 170 hospitals between 2000 and 2008 found that death rates were 6 percent higher on Black Wednesday than the previous Wednesday.
At the same time, several rounds of stimulus checks fattened Americans' bank accounts, and after hunkering down during the early phase of the pandemic, so-called “revenge spending” took over.
Prosecutors rested their case Wednesday afternoon, and court was recessed for the day after defense lawyers called one brief witness. The trial resumes Thursday with more defense witnesses.
Modern celebrations called Tenebrae may be of quite different content and structure, based for example on the Seven Last Words or readings of the Passion of Jesus. They may be held on only one day of Holy Week, especially Spy Wednesday (Holy Wednesday). [4] [5] They may be held during the daylight hours and the number of candles, if used, may ...
The Wall Street Crash of 1929, also known as the Great Crash, Crash of '29, or Black Tuesday, [ 1] was a major American stock market crash that occurred in the autumn of 1929. It began in September, when share prices on the New York Stock Exchange (NYSE) collapsed, and ended in mid-November. The pivotal role of the 1920s' high-flying bull ...
Ash Wednesday is always 40 days before Easter. It's technically 46 days before Easter, if you include Sundays, but Sundays are traditionally considered feast days, a celebration of the ...
[164] [165] Nevertheless, Major kept his economic team unchanged for seven months after Black Wednesday, before eventually sacking Norman Lamont, replacing him with Kenneth Clarke. This came after months of press criticism of Lamont during his 1993 budget and a heavy defeat at a by-election in Newbury. His delay in sacking Lamont was exploited ...