posted by admin on Nov 21

London shares were in the backfoot again Friday after a dire manufacturing report compounded fears that a deep and prolonged recession is ever more likely.(AFP/File/Carl de Souza)AFP - London shares were in the backfoot again Friday after a dire manufacturing report compounded fears that a deep and prolonged recession is ever more likely.


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posted by admin on Nov 21

The London stock market staged a turnaround despite a steady flow of dismal economic news.(AFP/File/Ben Stansall)AFP - The London stock market staged a turnaround on Friday despite a steady flow of dismal economic news.


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posted by admin on Nov 20

A trader works on the floor after the morning bell at the New York Stock Exchange. Wall Street plunged for a second day Thursday as investor panic spread in the face of more weak economic data and the failure of lawmakers to produce a bailout for automakers.(AFP/Getty Images/Mario Tama)AFP - Wall Street plunged for a second day Thursday as investor panic spread in the face of more weak economic data and the failure of lawmakers to produce a bailout for automakers.


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posted by admin on Nov 20

A woman holds several Euro and US dollar notes. The dollar and euro held to narrow ranges Thursday against a darkening economic backdrop which sparked another round of very heavy losses on global markets.(AFP/File/Bertrand Langlois)AFP - The dollar and euro held to narrow ranges Thursday against a darkening economic backdrop which sparked another round of very heavy losses on global markets.


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posted by admin on Nov 20

London shares were in the backfoot on Thursday as recession fears deepened on new data showing a surge in US jobless claims.(AFP/File/Carl de Souza)AFP - London shares were in the backfoot on Thursday as recession fears deepened on new data showing a surge in US jobless claims.


posted by Yahoo! News

posted by admin on Nov 20

London's stock market slid 2.25 percent to under 4,000 points soon after the start of trading on Thursday, following sharp losses in Asia and overnight on Wall Street caused by deep recession worries.(AFP/File/Carl de Souza)AFP - London’s stock market slid 2.25 percent to under 4,000 points soon after the start of trading on Thursday, following sharp losses in Asia and overnight on Wall Street caused by deep recession worries.


posted by Yahoo! News

posted by admin on Nov 19

Federal Reserve Building. The Federal Reserve Wednesday acknowledged the possibility of a US recession into 2009, adding to gloom over the slowing global economy as American and European automakers begged for government help.(AFP/File)AFP - The Federal Reserve Wednesday acknowledged the possibility of a US recession into 2009, adding to gloom over the slowing global economy as American and European automakers begged for government help.


posted by Yahoo! News

posted by admin on Nov 19

Senate Banking Committee Chairman Chris Dodd in Washington, DC. US and European automakers, warning that their industry was now imperiled by the global economic meltdown, appealed for government help and sparked sharp falls on jittery stock markets Wednesday.(AFP/Getty Images/File/Brendan Hoffman)AFP - US and European automakers, warning that their industry was now imperiled by the global economic meltdown, appealed for government help and sparked sharp falls on jittery stock markets Wednesday.


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