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Posts Tagged ‘Toyota’

Here are some of the big economic milestones of 2008:

– Gold broke through the $1000 USD an ounce barrier for the first time ever on March 13, 2008. http://news.bbc.co.uk/2/hi/business/7294040.stm
– Oil reached an all-time high of $147 USD a barrel on July 11, 2008. http://www.usatoday.com/money/industries/energy/2008-07-11-oil-friday_N.htm
– One of the big five U.S. investment banks, Lehman Brothers, survived the Great Depression, but filed for Chapter 11 bankruptcy protection on September 15, 2008. http://www.nytimes.com/2008/09/15/business/15lehman.html?hp
– The U.S. budget deficit reached an all-time high of $455 billion for fiscal year 2008 as reported by the Congressional Budget Office. http://www.cbo.gov/ftpdocs/99xx/doc9912/11-2008-MBR.pdf
– Toyota surpassed General Motors to become the world’s largest automaker in vehicles sold after GM held that position for 77 years. http://www.washingtonpost.com/wp-dyn/content/article/2009/01/21/AR2009012101216.html
– Toyota reported its first publicly declared operating loss ever in 71 years of business. http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a13h4Myn37QA

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