2015 Event The U.S. Environmental Protection Agency is seeking to reduce greenhouse gases from oil and gas operations, proposing a rule to cut methane emissions from these sources by 40 to 45 percent of 2012 baseline levels over the next 10 years 2015 Event U.S. President Barack Obama proposes 'The Clean Power Plan' to reduce carbon dioxide emissions by 32 percent of 2005 levels; the plan is more stringent than the 30% reductions proposed by the Environmental Protection Agency 2014 Event Studies on advice given by talk show host Dr. Mehmet Oz show that only about 46 percent of his suggestions are supported by medical evidence; critics accuse him of giving vague or inaccurate advice in order to provide entertainment value 2014 Event The U.S. and China have agreed to cut greenhouse gases, with U.S. President Barack Obama setting a goal of at least a 26 percent reduction over 2005 levels by 2025; China's Xi Jinping is making the nation�s first commitment 2014 Event The E.U. plans to reduce carbon dioxide and other greenhouse gas emissions by 40 percent compared to 1990 levels and increase renewables to 27 percent of all energy sources; environmentalists claim larger targets are needed 2014 Event Fast food giant McDonald's announces that its third-quarter profit fell by 30 percent from the third quarter of last year; analysts attribute the trouble to greater competition and customer dissatisfaction with price increases 2014 Event A study on a leukemia treatment by Novartis shows that the treatment led to remission in 90 percent of patients; the treatment is still in trial but will be submitted for U.S. FDA approval in 2016 2014 Event The U.S. stock market decreases sharply, with the S&P 500 and the Dow Jones Industrial Average each sinking by about 2 percent 2014 Event Scottish citizens reject independence of Scotland from the U.K.; 45 percent voted for and 55 percent voted against independence in a national referendum 2014 Event Researchers announce a new orally-administered drug that may cure Hepatitis C; 90 percent of patients in trials were declared free of the virus after 12 weeks 2014 Event Greece returns to the bond market today with 5-year bonds at a coupon rate of 4.75 percent; international sales of 3 billion euros exceeded the nation's expectations 2014 Event New Italian Prime Minister Matteo Renzi announces plans to cut government spending and use the funds to decrease taxes on individuals and regional businesses; Italy's unemployment rate increased 0.2 percent in January to 12.9 percent 2014 Event Strong quarterly earnings cause Facebook stock to rise 16 percent; the company boasts 755 million active users, and its ad revenue increased by 76 percent year over year to $2.34 billion 2014 Event Apple releases earnings for the fourth quarter of 2013; its stock price drops eight percent because they sold 51 million iPhones, falling short of analyst expectations that they would sell 55 million iPhones 2014 Event Venezuelan President Nicolas Maduro announces plans to raise the price of gas to 17 cents from 6 cents; the country's annual gas subsidy's cost $12 billion, too much to bear when facing 50 percent inflation and dwindled cash reserves 2014 Event The World Bank global forecast predicts an increase in growth to 3.2 percent, from 2.4 percent in 2013 2013 Event The Rim wildfire burning in Yosemite National Park has consumed 225 square miles of forest, and is only 7 percent contained 2013 Event In a poll, only 30 percent of people in Brazil considered President Dilma Rousseff's administration 'great' or 'good' 2012 Event The Constitutional Council of France strikes down a plan to impose a 75 percent marginal income tax rate on the wealthy, calling the 'supertax' unconstitutional and unfair 2012 Event The 2012 Summer Olympics is credited with helping the UK economy emerge from recession; official GDP figures show 1 percent growth from July to September 2012 Event A debate among EU commissioners on a proposal to accept a 40 percent quota for women on corporate boards is delayed until November 2012 2012 Event U.S. CEO of Oracle Corp, Larry Ellison, agrees to purchase 98 percent of Hawaii's island of Lanai 2011 Event Consumers spend over $30 billion on online holiday shopping in the U.S., a 15 percent increase over last year 2011 Event South Korea's Central Bank raises its benchmark interest rate by 25 basis points, to 3.25 percent 2011 Event The Tokyo Stock Exchange falls more than five percent on the first day of trading following the 2011 Sendai earthquake 2010 Event Poverty rates in the United States hit a 15-year high of 14.3 percent, or 43.6 million people 2010 Event Iceland lowers its interest rate to 7 percent 2010 Event The German economy reports 2.2 percent quarterly growth, the fastest quarterly growth in over 20 years 1985 Event Cold wave damages 90 percent of Florida's citrus crop 1979 Event OPEC raises oil prices 24 percent 1978 Event Proposition 13 cuts California property taxes 57 percent 1973 Event U.S. dollar devalues 10 percent 1970 Event Unemployment in U.S. increases to 5.8 percent 1958 Event Egypt-Syria as UAR elect Nasser president with 99.9 percent of the vote
