Date Headline
January 1, 2008 Oil prices reach record high of $100 per barrel
February 5, 2008 Super Tuesday primary elections held in the United States
March 14, 2008 Bear Stearns, a major investment bank, collapses
April 2, 2008 Barack Obama wins the Democratic nomination for President of the United States
May 12, 2008 Earthquake in China kills over 69,000 people
June 3, 2008 Barack Obama becomes the presumptive Democratic nominee for President of the United States
July 8, 2008 Oil prices reach record high of $147 per barrel
August 8, 2008 Opening ceremony of the 2008 Summer Olympics held in Beijing, China
September 15, 2008 Lehman Brothers, a major investment bank, files for bankruptcy
October 3, 2008 U.S. Congress passes $700 billion bailout package for financial institutions
November 4, 2008 Barack Obama elected President of the United States
December 1, 2008 General Motors, Ford, and Chrysler CEOs testify before Congress requesting bailout funds
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