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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 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 ...
Black Monday(also known as Black Tuesdayin some parts of the world due to time zone differences) was the global, severe and largely unexpected[1]stock market crashon Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion.[2]
Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which ...
The Tulsa race massacre, also known as the Tulsa race riot or the Black Wall Street massacre, [12] was a two-day-long white supremacist terrorist [13] [14] massacre [15] that took place between May 31 and June 1, 1921, when mobs of white residents, some of whom had been appointed as deputies and armed by city government officials, [16] attacked black residents and destroyed homes and ...
The Ash Wednesday bushfires, known in South Australia as Ash Wednesday II, [ 3] were a series of bushfires that occurred in south-eastern Australia in 1983 on 16 February, the Christian holy day Ash Wednesday. Within twelve hours, more than 180 fires fanned by hot winds of up to 110 km/h (68 mph) caused widespread destruction across the states ...
The economic crisis caused countries to close their markets temporarily. On October 8, the Indonesian stock market halted trading, after a 10% drop in one day. The Times of London reported that the meltdown was being called the Crash of 2008, and older traders were comparing it with Black Monday in 1987. The fall that week of 21% compared to a ...
Czech Republic: the day is traditionally called Ugly Wednesday, Soot-Sweeping Wednesday or Black Wednesday, because chimneys used to be swept on this day, to be clean for Easter. [26] Malta: this day is known as L-Erbgħa tat-Tniebri (Wednesday of Shadows), referring to the liturgical darkness (tenebrae). In the past children went to the parish ...