[FoRK] [silk] So it's finally happening?

Eugen Leitl <eugen at leitl.org> on Fri Aug 10 08:05:16 PDT 2007

----- Forwarded message from Srini Ramakrishnan <cheeni at gmail.com> -----

From: Srini Ramakrishnan <cheeni at gmail.com>
Date: Fri, 10 Aug 2007 19:48:43 +0530
To: silklist at lists.hserus.net
Subject: [silk] So it's finally happening?
Reply-To: silklist at lists.hserus.net


World shares fall on credit fears
Stock indexes have fallen sharply again on Friday, a day after markets
in the US and Europe suffered heavy losses amid fears of a global
credit crunch.

Billions of dollars were wiped off share values, affecting businesses
and individual investors alike.

Shortly after opening the Dow Jones share index in New York was down
124.8 points, or 0.9%, at 13,145.9 points.

London's FTSE 100 share index fell 3.1%, the Paris Cac index was down
3% and Germany's main Dax fell 1.6%.

Analysts say the crisis could make it harder for banks, firms and
consumers to get access to loans and cash.

If this persists, it could lead to a global recession.

----- End forwarded message -----
Eugen* Leitl <a href="http://leitl.org">leitl</a> http://leitl.org
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