Historydraft LogoHistorydraft Logo HistorydraftbetaHistorydraft Logo Historydraftbeta

  • Paris, France
    Sunday Dec 2, 2007

    Kaká

    The Ballon d'Or

    Paris, France
    Sunday Dec 2, 2007

    On 2 December 2007, Kaká became the eighth Milan player to win the Ballon d'Or, as he finished with a decisive 444 votes, well ahead of runner-up Cristiano Ronaldo.




  • U.S.
    Wednesday Dec 12, 2007

    Financial crisis of 2007–2008

    The Federal Reserve instituted the Term Auction Facility to supply short-term credit to banks with sub-prime mortgages

    U.S.
    Wednesday Dec 12, 2007

    December 12, 2007: The Federal Reserve instituted the Term Auction Facility to supply short-term credit to banks with sub-prime mortgages.




  • Russia
    Wednesday Dec 12, 2007

    Garry Kasparov

    Kasparov announced that he had to withdraw his presidential candidacy

    Russia
    Wednesday Dec 12, 2007

    On 12 December 2007, Kasparov announced that he had to withdraw his presidential candidacy due to inability to rent a meeting hall where at least 500 of his supporters could assemble.




  • Washington D.C., U.S.
    Saturday Dec 15, 2007

    World Bank

    Aid for the world's poorest countries

    Washington D.C., U.S.
    Saturday Dec 15, 2007

    Forty-five countries pledged US$25.1 billion in "aid for the world's poorest countries", aid that goes to the World Bank International Development Association (IDA), which distributes the loans to eighty poorer countries. While wealthier nations sometimes fund their own aid projects, including those for diseases, and although IDA is the recipient of criticism, Robert B. Zoellick, the former president of the World Bank, said when the loans were announced on 15 December 2007, that IDA money "is the core funding that the poorest developing countries rely on".




  • Yokohama, Kanagawa Prefecture, Japan
    Sunday Dec 16, 2007

    Kaká

    The FIFA Club World Cup

    Yokohama, Kanagawa Prefecture, Japan
    Sunday Dec 16, 2007

    On 16 December, Kaká won the FIFA Club World Cup against Boca Juniors, scoring Milan's third goal of the match in a 4–2 victory which allowed them to be crowned World Champions.




  • Milan, Italy
    Monday Dec 17, 2007

    Kaká

    2007 FIFA World Player of the Year

    Milan, Italy
    Monday Dec 17, 2007

    On 17 December, Kaká was voted the 2007 FIFA World Player of the Year with 1,047 votes, ahead of Lionel Messi with 504 and Cristiano Ronaldo with 426.




  • Pakistan
    Monday Dec 17, 2007

    Ayman al-Zawahiri

    The assassination of Former Pakistani Prime Minister

    Pakistan
    Monday Dec 17, 2007

    On December 27, 2007, al-Zawahiri was also implicated in the assassination of former Pakistani Prime Minister Benazir Bhutto.


  • Los Angeles, California, U.S.
    Sunday Dec 23, 2007

    Kobe Bryant

    Youngest player to reach 20,000 points,

    Los Angeles, California, U.S.
    Sunday Dec 23, 2007

    On December 23, 2007, Bryant became the youngest player (29 years, 122 days) to reach 20,000 points, in a game against the New York Knicks, in Madison Square Garden, after scoring 39 points to go along with 11 rebounds and 8 assists. This record has since been broken by LeBron James. On March 28, Bryant scored a season-high 53 points to go with 10 rebounds in a loss to the Memphis Grizzlies.


  • Colombia
    Wednesday Dec 26, 2007

    Colombian conflict

    Operation Emmanuel was approved

    Colombia
    Wednesday Dec 26, 2007

    At the end of 2007, FARC agreed to release former senator Consuelo González, politician Clara Rojas and her son Emmanuel, born in captivity after a relationship with one of her captors. Operation Emmanuel was proposed and set up by Venezuelan President Hugo Chávez, with the permission of the Colombian government. The mission was approved on December 26. Although, on December 31, FARC claimed that the hostage release had been delayed because of Colombian military operations. On the same time, Colombian President Álvaro Uribe indicated that FARC had not freed the three hostages because Emmanuel may not be in their hands anymore. Two FARC gunmen were taken prisoner.


  • Europe
    Monday Dec 31, 2007

    Visa Inc.

    Exemption expired

    Europe
    Monday Dec 31, 2007

    In 2002, the European Commission exempted Visa's multilateral interchange fees from Article 81 of the EC Treaty that prohibits anti-competitive arrangements. However, this exemption expired on December 31, 2007. In the United Kingdom, MasterCard has reduced its interchange fees while it is under investigation by the Office of Fair Trading.


  • Calabasas, California, U.S.
    Monday Dec 31, 2007

    Bank of America

    Countrywide provided mortgage servicing for nine million mortgages valued at $1.4 trillion

    Calabasas, California, U.S.
    Monday Dec 31, 2007

    The acquisition was seen as preventing potential bankruptcy for Countrywide. Countrywide, however, denied that it was close to bankruptcy. Countrywide provided mortgage servicing for nine million mortgages valued at $1.4 trillion as of December 31, 2007.


<