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
Prime Minister of Nepal Bahadur Rana began an autocratic and totalitarian rule. Few of Nepalese Prime Ministers have carried a democratic mandate. The first elected Prime Minister was Bishweshwar Prasad Koirala, in 1959. After he was deposed and imprisoned in 1960, the King established the Panchayat system and Nepal did not have a democratic government until 1990, when the country became a constitutional monarchy after the Jana Andolan movement. The monarchy was abolished on 28 May 2008 by the 1st Constituent Assembly. The appointment process of Prime Minister of Nepal as per Section 76 of 2015 Constitution of Nepal is as follows: 1. The