Saturday

Concorde First Flights ( 1976 ) The First Concordes with commercial passengers take off From London's Heathrow Airport to Bahrain in the Persian Gulf and Paris Orly Airport to Rio de Janeiro .

Canadian Dollar
21st January ( 2002 ) : The Canadian dollar hits an all time low trading at US$0.6179 the current rate is closer to US$ .8 but was at close to parity just last year.

Vietnam Draft Dodgers
21st January ( 1977 ) : President Carter granted a complete and unconditional pardon today to all Vietnam draft dodgers


Black Monday 21st January ( 2008 ) Black Monday in worldwide stock markets ( The US Markets were closed for Martin Luther King, Jr. Day ) BUT futures trading around the world on US markets showed significant losses ) The losses were mostly averted when the FED announced a surprise rate cut of 0.75%. FTSE 100 had its biggest ever one-day points fall, European stocks closed with their worst result since 9/11, and Asian stocks drop as much as 15%. In January 2008 the Dow was at about 14,000 by the end of the year the Dow had dropped to 9,000 and has continued it's downward path but much lower suggesting the bottom is close to 8,000 . The FTSE 100 has had a similar fall from about 6,000 at the beginning of the year to close to 4,000 currently

No comments: