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NEW YORK: Recession fears sent world stock markets tumbling Monday, with Tokyo at a 26-year low, Europe badly under water and Wall Street struggling to hold the line despite a G7 pledge to stabilise the financial system.
Oil prices fell below 60 dollars as traders estimated that a global recession would dent future energy demand.
The European single currency sank under 1.24 dollars to a two-year trough after a downbeat survey on German busine ... Full Story
Oil prices fell below 60 dollars as traders estimated that a global recession would dent future energy demand.
The European single currency sank under 1.24 dollars to a two-year trough after a downbeat survey on German busine ... Full Story
posted by najam saqib at
12:50 AM
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