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2002 |
| Jan.1 |
European Union |
Euro mark celebrations People lined up in freezing temperatures to get a jump on the most ambitious currency swap in history
The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. The official spelling of the euro is 'euro' in the Latin script. The euro is divided into 100 cents
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| Jan.6 |
Argentina |
Peso devaluated
| Feb.11 |
Argentina |
Peso passes first test |
| Jun.15 |
Texas |
Andersen guilty in Enron case |
| Jun.25 |
New York |
WorldCom in accounting trouble, cut jobs
| Aug.7 |
Brazil |
IMF throws extra $30bn to Brazil |
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2002 |
| Aug.7 |
Brazil |
IMF throws extra $30bn to Brazil |
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2002 |
| Mar.5 |
Washington |
Bush imposed steel tariffs |
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2002 |
| Jun.15 |
Texas |
Andersen guilty in Enron case |
| Jul.8 |
U.S. Congress |
Bush wants new laws on corporate abuse
| Aug.30 |
New York |
Baseball strike averted |
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2002 |
| Jan.25 |
Texas |
Former Enron VP commits suicide |
| Jan.25 |
Texas |
Former Enron VP commits suicide |
| Jul.8 |
U.S. Congress |
Bush wants new laws on corporate abuse
| Dec.6 |
Washington |
Treasury chief O'Neill, Lindsey resigned |
| Dec.6 |
Washington |
Treasury chief O'Neill, Lindsey resigned |
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2002 |
| Mar.23 |
Rome |
Workers take to the streets |
| Dec.18 |
Venezuela |
Strike strangles oil exports
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2002 |
| Aug.17 |
Moscow |
Russia, Iraq close to $40b deal |
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2002 |
| Jul.10 |
New York |
Dow plunges below 9,000 |
| Jul.19 |
New York |
Dow down 4.6% to 8,019
| Jul.24 |
New York |
Dow saw its second-biggest gain ever Dow Jones index added 488.95 points to 8,191.29. The buying was spurred by the arrest of offenders in Adelphia scandal
| Sep.3 |
Japan |
Stocks plunge to 19-year low |
| Oct.9 |
New York |
Dow fell to 7,286 4 Years low
| Oct.9 |
USA |
Nasdaq fell to 1,114 4 Years low
| Dec.31 |
New York |
3rd consecutive year of stock losses |
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2002 |
| Jan.16 |
Nigeria |
General strike |
| Mar.23 |
Rome |
Workers take to the streets |
| Aug.30 |
New York |
Baseball strike averted |
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2002 |
| Jul.21 |
New York |
WorldCom files largest bankruptcy ever |
| Dec.9 |
New York |
United flies into bankruptcy |
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2002 |
| Dec.18 |
Venezuela |
Strike strangles oil exports