home » General » Financial crisis add to agony as recession...Financial crisis add to agony as recession fears continue to growposted by jehan(16) 13 months ago (www.myiris.com) The global financial crisis imposed more pain on the corporate sectors, prompting heavy losses in stock markets, while the international monetary fund (IMF) readied a rescue of some USD 200 billion for debt-laden countries.Amid grim financial news from around the world, the stocks saw another tumultuous day on Friday, starting with a horrific 9.6% slump in Tokyo shares that spilled over to Europe, where London`s FTSE plunged 5%.Wall Street followed other exchanges downwards as a wave of pani read more » |
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