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European Stock Market Crisis to Cause a Setback to the World Economy
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In regards to the ongoing European stock market crisis, the Federal Reserve Governor – Daniel Tarullo said that the current problem holds a serious potential of causing a setback to the world economy.
We have tons of incidents to relate to the current fiasco, for example;
- Investors are selling a huge range of assets, fearing that the Europe’s...
US Shares to Close Down to a Lower Level Due to European Stock Market
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The European stock market and economic recession caused the US shares to close down to a lower level and already; a high level of wariness is hovering over the international stock market. As compared to last month, Dow Jones’ index dropped down to 0.34%, after rising up to 3.5% on last Monday.
And that’s not all, because “Obamaville” also...
Possible Triggers for the Expansion of European Debt Crisis
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In the current European stock market crisis, the many potential triggers for the expansion of this crisis, include a failed bond auction and signs of Athens and other donor nations, backing away from the 110 Billion Euro bailout deal.
It is sort of like a domino effect and the trembles were felt even across the globe in foreign stock markets. For...