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THE INVESTOR

|

19

25TH ANNIVERSARY

J

The opening ceremony of

the London Olympic Games showcased

the UK’s transformation from a green and

pleasant land to a modern digital economy

via the industrial revolution.The Games

also demonstrated a transformation in

our medal fortunes – the country won a

record-breaking 29 golds and 65 medals

overall. Four years later, at Rio 2016,we

surpassed this medal haul with 67.An

army of 70,000 Games Makers and other

volunteers made the Games and the

Paralympic Games,which was staged

two week’s later, among the most

successful ever, in both atmosphere

and attendance gures.

The UK’s sportsmen and women make it a month to

remember as the UK is gripped by Olympic fever

GOLDEN DAYS

OF SUMMER

Revolution in

Tunisia spreads

around the

Middle East

15 J

ANUARY

2011

Growing unrest in

Tunisia towards the

end of 2010 continued

in 2011 with the

long-standing President

of Tunisia, Zine

al-Abidine Ben Ali,

being ousted from

office. A mix of

peaceful and violent

revolutionary

demonstrations then

spread quickly through

the Arab world,

affecting countries

including Egypt, Libya,

Yemen and Syria.

Many of the effects

are still being

felt in 2017.

THE ARAB

SPRING

In February of the following year, the

European Stability Mechanism was

created to act as a lender of last resort

to struggling economies, able to lend

up to €500 billion. The rescue packages

were generally accompanied by

severe austerity measures

designed to reduce debt and

restore nancial stability.

However, there were signi cant

protests against these packages

in Greece, Italy and Spain,

and they are now seen as

a key factor in the rise of

both right- and left-wing

protest parties in Europe.

€110BN

2 MAY:

EUROPE AND THE

INTERNATIONAL MONETARY

FUND AGREE A BAILOUT

PACKAGE FOR

GREECE

ISSUE 74

SUMMER 2012

In this issue, which

was published shortly

before the start of

the London Olympic

Games, we looked at

the legacy that was

being created for East

London and the rest of

the country once the

fans and athletes had

gone home

ISSUE74 | SUmmEr2012

olympic legacy

measuring the

real success

of the games

P1Cover.indd 1

21/06/2012 10:11

THE JASMINE

REVOLUTION

TUNISIAN

PROTESTERS TOOK

TO THE STREETS IN

A CAMPAIGN OF

CIVIL RESISTANCE

THAT LED TO THE

RESIGNATION

OF LONG-TIME

PRESIDENT ZINE

AL-ABIDINE BEN ALI

STONE AGE

A protestor prepares

to throw a rock at

police during the

disturbances on the

streets of Athens

1992–2017