Global financial crisis
Lehman Brothers' collapse plunges the world into recession
Turmoil in the US subprime mortgage market became a global crisis after the investment bank Lehman Brothers collapsed in September 2008. Governments rescued banks with trillions of dollars, and the world economy suffered its deepest downturn since the Great Depression.
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Meanwhile around the world (±25 years)
Europe
- 1989 Invention of the World Wide Web — 19 years earlier
- 1989 Fall of the Berlin Wall — 19 years earlier
- 1992 Maastricht Treaty — 16 years earlier
- 2002 Euro notes and coins — 6 years earlier
- 2012 Discovery of the Higgs boson — 4 years later
Eastern Europe & Russia
- 1985–1991 Perestroika — 23 years earlier
- 1986 Chernobyl disaster — 22 years earlier
- 1989 Revolutions of 1989 — 19 years earlier
- 1991 Dissolution of the Soviet Union — 17 years earlier
Middle East
- 1990–1991 Gulf War — 18 years earlier
Africa
- 1983–1985 The Ethiopian famine — 25 years earlier
- 1994 End of apartheid in South Africa — 14 years earlier
Asia
- 1984 Bhopal disaster — 24 years earlier
- 1989 Tiananmen Square protests — 19 years earlier
- 1991 Eruption of Mount Pinatubo — 17 years earlier
- 2004 Indian Ocean earthquake and tsunami — 4 years earlier
- 2011 Tōhoku earthquake and tsunami — 3 years later
Americas
- 1983 Birth of the Internet: ARPANET adopts TCP/IP — 25 years earlier
- 1990 Launch of the Hubble Space Telescope — 18 years earlier
- 2001 September 11 attacks — 7 years earlier
- 2003 Human genome sequenced — 5 years earlier
- 2007 Apple unveils the iPhone — 1 year earlier
Oceania
- 1992 The Mabo decision — 16 years earlier
Alive at the time
- Nelson Mandela (aged 90)
- Neil Armstrong (aged 78)
- Edmund Hillary (aged 89)
- Jimmy Carter (aged 84)
- Fidel Castro (aged 82)
- Elizabeth II (aged 82)
- Gabriel García Márquez (aged 81)
- Mikhail Gorbachev (aged 77)
- Pelé (aged 68)
- George H. W. Bush (aged 84)