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Global Economic Funeral

Posted on 10/24/2008 1:38:14 AM PDT by PRePublic

Nation & World | Economic crisis ripple effect felt globally ...
7 Oct 2008 ... Indeed, the ripple effects from Europe and the United States....
http://seattletimes.nwsource.com/html/nationworld/2008234555_econcountries07.html

http://www.creditcrunchuk.net/ Credit Crunch UK News about the Credit Crunch In the Summer last year the credit markets started to get worried about the fall-out from the sub-prime market in the US.

Brown admits UK facing recession
http://www.politics.co.uk/news/economy-and-finance/economy-and-finance/brown-admits-uk-facing-recess ion-$1245959.htm

UK economy to enter recession http://www.thefirstpost.co.uk/newsdesk,1548,uk-economy-to-enter-recession,51761

Stock market plunges as evidence of recession expected
Telegraph.co.uk, [Oct 23, 2008]
The London stock market plunged by more than five per cent in early trading as official figures are set to confirm that Britain's economy is entering ...
http://www.telegraph.co.uk/finance/markets/ftse100/3251494/Stock-market-plunges-as-evidence-of-reces sion-expected.html

European markets extend losses
http://ap.google.com/article/ALeqM5h3kgMAkbLwyfxBdjzw8Pc4KZ7DhQD93VHFK00

London's FTSE 100 index of leading shares ended the day up 1.16 percent, while Germany's DAX 30 was down 1.12 percent and France's CAC 40 up 0.38 percent.
http://edition.cnn.com/2008/BUSINESS/10/24/global.markets/

After Bailout, Germany Looks to a Tax Package
[Oct 23, 2008]
With the economy here slowing but avoiding an outright credit freeze, German officials are devising measures they hope will create some momentum. ...
http://www.nytimes.com/2008/10/23/business/worldbusiness/23gbanks.html?ref=worldbusiness

Experts: Crisis Will Hit Export-Nation Germany Where It Hurts
http://www.dw-world.de/dw/article/0,2144,3733908,00.html

Spain wants sovereign wealth funds to help cover its debt - International Herald Tribune (oct 20, 2008)
http://www.iht.com/articles/2008/10/20/business/peseta.php

South Korean Economy Grows at Weakest Pace in 4 Years (Oct 23, 2008)
http://www.bloomberg.com/apps/news?pid=20601080&sid=a8Ap2UhNJhNI&refer=asia

Japan exports stall as crisis bites Daily Times
http://www.dailytimes.com.pk/default.asp?page=2008%5C10%5C24%5Cstory_24-10-2008_pg5_44

Japan's trade surplus plunges as economy sours AFP
http://afp.google.com/article/ALeqM5g3jMXrY6oLLbo8CO5WOsNt978Qow

GLOBAL MARKETS-Stocks plunge, yen surges as crisis worsens
guardian.co.uk, UK - [Oct 23, 2008]
"The 1000-point level has a lot of meaning for the Korean stock market. It took 16 years to get there and the level collapsed just in a year, with investors ...
http://www.guardian.co.uk/business/feedarticle/7917965

Video: Asian Markets Retreat for a 2nd Straight Day AssociatedPress
, http://www.youtube.com/v/rsaxYiQ8zZY

Asian Markets Plummet on Earnings Fears New York Times
http://www.nytimes.com/2008/10/25/business/25markets.html?hp

Hong Kong's stock market fell more than 3 percent
http://www.forbes.com/feeds/ap/2008/10/23/ap5599844.html

TopNews Japanese market trades sharply lower; Nikkei down 3%
RTT News, NY - [Oct 23, 2008]
(RTTNews) - The Japanese stock market was trading sharply lower for a third straight session on Friday after US stocks ended mixed overnight and electronics ...
http://www.rttnews.com/Content/AsianMtUpdates.aspx?Node=B3&Id=752567

Japan Stocks Fall, Send Nikkei Below 8000, on Sony Target Cut Bloomberg
http://www.bloomberg.com/apps/news?pid=20601101&sid=ad.TI2xNtZgY&refer=japan

Pakistan Heading for Economic Meltdown? ABC News http://www.abcnews.go.com/International/story?id=6079412&page=1

OPEC Faces Worsening Oil Price Drop as Growth Slips (Oct 23, 2008)
http://www.bloomberg.com/apps/news?pid=20601086&sid=axqZNT8sAdCQ&refer=news

Edited by Marcoco on Today at 04:34




TOPICS: Business/Economy
KEYWORDS: economny; germany; japan; uk
The POWER of US, when we are weak, everybody is, as well.
1 posted on 10/24/2008 1:38:15 AM PDT by PRePublic
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To: PRePublic
It is amusing how the "US sucks" articles have dried up, isn't it?

Our "friends" STFU about how awful we are when they need our powerhouse economy to pull theirs along.

2 posted on 10/24/2008 2:10:12 AM PDT by Darkwolf377
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