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2011 July 31
President Obama announces a last-minute deal with congressional leaders on the debt limit, temporarily calming the fears of the financial markets
2011 July 31
In response to the continuing uprising the Syrian government launches an attack with tanks against several of the country's cities, in particular Hama
2011 July
The funding crisis in the Eurozone extends to fears of potential government default in the large economies of Spain and Italy
2011 July
With no sign of a deal between Obama and Republicans on raising the debt limit, fears grow that the USA might default on its debts on August 2
2011 August 3
Hosni Mubarak appears in court on a hospital bed on the first day of his trial on the capital charge of premeditated killing of peaceful protesters
2011 August 5
NASA announces that it has photographic evidence from the Mars Reconnaissance Orbiter of possible liquid water on the planet in warm seasons
2011 August 6
Standard & Poor's downgrades the USA's credit rating from AAA to AA+, further increasing the sense of gloom in stock exchanges
2011 August 22
Juno, a solar-powered spacecraft, is launched from Cape Carnaveral on a mission to Jupiter
2011 August-September
Unusually heavy monsoon rains cause massive flooding in Pakistan, with some 5 million people forced to leave their homes
2011 September 5
India and Pakistan agree to resolve their various border disputes and to set about finding the most appropriate compromise in each case
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