The COVID-19 pandemic caused far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash (which included the largest single-week stock market decline since the 2008 financial crisis), the impact of COVID-19 on financial markets, the 2021–2023 global supply chain crisis, the 2021–2023 inflation surge, shortages related to the COVID-19 pandemic including the 2020–2023 global chip shortage, panic buying, and price gouging.
Germany, Europe's largest economy, officially in recession due to COVID-19, as figures show economy shrank 2.2% 1st 3 mo
Germany, Europe's largest economy, officially in recession due to COVID-19, as figures show economy shrank 2.2% 1st 3 months of 2020
Events Before
Dutchman Michael van Gerwen wins his 3rd PDC World Darts Championship; beats Englishman Michael Smith 7-3 at the Alexand
Dutchman Michael van Gerwen wins his 3rd PDC World Darts Championship; beats Englishman Michael Smith 7-3 at the Alexandra Palace in London
US grounds all Boeing 737 Max aircraft after bans by other countries following the plane type's second crash in Ethiopia
The Boeing 737 MAX is a series of narrow-body aircraft developed by Boeing Commercial Airplanes as the fourth generation of the Boeing 737.
Climate change strikes held by schoolchildren take place around the world, inspired by Swedish teenager Greta Thunberg
Greta Tintin Eleonora Ernman Thunberg is a Swedish activist best known for pressuring governments to address climate change and social issues.
Syrian Democratic Forces announce that the last Islamic State territory has been retaken, raising flags in Baghuz, Syria
Syrian Democratic Forces announce that the last Islamic State territory has been retaken, raising flags in Baghuz, Syria, and ending the five-year Islamic State "caliphate"
Amazon's Jeff Bezos and MacKenzie Bezos agree record-breaking $35 billion divorce settlement
Amazon's Jeff Bezos and MacKenzie Bezos agree record-breaking $35 billion divorce settlement
Events After
Cuba's "day zero" unifies its two currencies by withdrawing the Cuban Convertible Peso (CUC), alongside steep increases
Cuba's "day zero" unifies its two currencies by withdrawing the Cuban Convertible Peso (CUC), alongside steep increases in prices and salaries, effectively devaluing the remaining Cuban Peso for the first time since 1959 [1]
First Oxford-AstraZeneca COVID-19 vaccines are given to the general public, with 82-year-old Brian Pinker in the UK the
First Oxford-AstraZeneca COVID-19 vaccines are given to the general public, with 82-year-old Brian Pinker in the UK the first to receive the jab [1]
Supporters of U.S. President Donald Trump storm the Capitol in Washington, D.C., during Congress’s certification of Joe
Supporters of U.S. President Donald Trump storm the Capitol in Washington, D.C., during Congress’s certification of Joe Biden and Kamala Harris’s victory, resulting in five deaths and prompting the evacuation of lawmakers and Vice President Mike Pence
Military coup in Myanmar; civilian leaders are detained, including Aung San Suu Kyi, and a one-year state of emergency i
Military coup in Myanmar; civilian leaders are detained, including Aung San Suu Kyi, and a one-year state of emergency is declared (still in effect)
Kim Kardashian West files for divorce from her third husband, Kanye West after almost seven years
Khloé Alexandra Kardashian is an American media personality, socialite, and businesswoman.
More from the 2020s
Pro-Iranian protesters end siege of US Embassy in Baghdad, Iraq
Pro-Iranian protesters end siege of US Embassy in Baghdad, Iraq
Scotland's Peter Wright beats Dutch defending champion Michael Van Gerwen 7-3 with a 102.79 average, 34 x 140s, 11 maxim
Scotland's Peter Wright beats Dutch defending champion Michael Van Gerwen 7-3 with a 102.79 average, 34 x 140s, 11 maximums, and 53% on doubles to seal his first PDC World Darts Championship in London
Cuba's "day zero" unifies its two currencies by withdrawing the Cuban Convertible Peso (CUC), alongside steep increases
Cuba's "day zero" unifies its two currencies by withdrawing the Cuban Convertible Peso (CUC), alongside steep increases in prices and salaries, effectively devaluing the remaining Cuban Peso for the first time since 1959 [1]
Chicago Bulls forward DeMar DeRozan becomes the first player in NBA history to hit buzzer-beaters on consecutive days; h
Chicago Bulls forward DeMar DeRozan becomes the first player in NBA history to hit buzzer-beaters on consecutive days; he hits 3-pointers to beat the Washington Wizards 120-119 and the previous night the Indiana Pacers 108-106
Frequently Asked Questions
- What happened on May 15, 2020?
- The COVID-19 pandemic caused far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash (which included the largest single-week stock market decline since the 2008 financial crisis), the impact of COVID-19 on financial markets, the 2021–2023 global supply chain crisis, the 2021–2023 inflation surge, shortages related to the COVID-19 pandemic including the 2020–2023 global chip shortage, panic buying, and price gouging.