Bets on European Bonds Paying Off for Funds
With the extraordinary level of support from the central bank, mutual fund managers are reaping big returns on their purchases of bonds from Portugal, Italy, Spain and Ireland.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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With the extraordinary level of support from the central bank, mutual fund managers are reaping big returns on their purchases of bonds from Portugal, Italy, Spain and Ireland.
As distasteful as the effort was, it should be clear by now that the rescue of the American International Group — often called a backdoor bailout of Wall Street — was a success.
New York City is facing up to the threats posed by rising seas and flooding in the subway system during severe storms, but the city is years away from — and billions of dollars short of — armoring itself.
Labor groups reported that vocational students were being forced to work at plants making iPhones as “interns.”
Low interest rates let governments keep their borrowing costs low, helping them live within their budgets without having to raise taxes or cut spending.
Music on My Birthday
The Top 50 albums for the chart week of September 5, 2012, covering September 11, 2012.
Trey Songz
2 Chainz
Various Artists
DJ Khaled
Justin Bieber
2012Finn Bergesen, Norwegian civil servant and businessman (born 1945)[†]
Finn Bergesen was a Norwegian civil servant and businessperson.
2012Tomas Evjen, Norwegian cinematographer and producer (born 1972)[†]
Tomas Evjen was a Norwegian editor, media personality and film producer.
2012J. Christopher Stevens, American lawyer and diplomat, 10th United States Ambassador to Libya (born 1960)[†]
John Christopher Stevens was an American career diplomat and lawyer who served as the U.S. Ambassador to Libya from May 22, 2012, to September 11, 2012. Stevens was killed when the U.S. Special Mission in Benghazi, Libya, was attacked by members of Ansar al-Sharia on September 11–12, 2012., making Stevens the eighth U.S. Ambassador to be killed while in office.
2012A total of 315 people are killed in two garment factory fires in Pakistan.[†]
Factories in Pakistan's two largest cities of Karachi and Lahore caught fire on 11 September 2012. The fires occurred in a textile factory in the western part of Karachi and in a shoe factory in Lahore. The fires are considered to be the most deadly and worst industrial factory fires in Pakistan's history, killing 289 people and seriously injuring more than 600.
2012The U.S. embassy in Benghazi, Libya is attacked, resulting in four deaths.[†]
Benghazi is the second-most-populous city in Libya as well as the largest city in Cyrenaica, with an estimated population of 859,000 in 2023. Located on the Gulf of Sidra in the Mediterranean, Benghazi is also a major seaport.
In 2012, the world population was approximately 7,201,202,485 people[†]