| Source: | ABC News |
|---|---|
| Published: | Tuesday, November 18, 2008 7:40 AEDT |
| Expires: | Monday, February 16, 2009 7:40 AEDT |
US banking giant Citigroup has announced it will cut 50,000 staff in coming months as it continues to struggle in the global financial turmoil.
ABC News Online takes a look at the big stories from 2008.
Want to know more about the Sydney Festival? Ask our blogger Antonette Collins.
Hundreds of Elvis impersonators have boarded a train from Sydney to Parkes for an annual festival.
This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.
AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
