European stock markets have opened sharply down as panic selling spread from markets in Asia and the United States.
The Frankfurt stock market opened with a loss of close to six percent and rapidly joined Paris and London in a slide to 10 percent losses. Earlier Tokyo's Nikkei index slipped by about 10 per cent. The fresh wave of worries drove the gold price up by more than 4 per cent. Oil went down by about 5 per cent with the deepening concerns about the Two die after Paris boat accident ...
President Köhler embarks on Asian tour ... economic outlook. On Thursday the Dow Jones Industrial Average shed more than 600 points, recording its seventh straight loss and falling below the 9,000 mark for the first time since August 2003.
(Deutsche Welle)
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