Global financial crisis in October 2008 rose by 11.18% within the day. Germany announced a €400 billion plan. On Monday the International Monetary Fund offered possible technical and financial aid to Hungary which has suffered during the crisis due to the flight of investors to euro, Swiss franc, and dollar denominated investments. As in the rest of the world, on Monday stock prices rose on the Hungarian exchange and pressure on the national currency, the forint eased. The forint has dropped 30% against the dollar since July. The prime minister of Spain, Jose Luis Rodriguez Zapatero, announced that Spain would provide up to €100 billion of
Alliance of Civilizations which uses the latest video conferencing technology to connect young people in different parts of the world; the first conference of the Global Youth Movement; the creation of the United Nations University International Institute for the Alliance of Civilizations; and launching of the Online Community on Migration and Integration in partnership with the International Organization for Migration. The Alliance was presented with the "Dialogue of Civilizations" award, which was given by the Rumi Forum and the Georgetown University Center for Peace and Security Research in Washington. Spanish Prime Minister José Luis Rodriguez Zapatero and Turkish Prime Minister Recep Tayyip Erdoğan