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Market plunges 5pc, dollar crashes

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Market plunges 5pc, dollar crashes
marketing business
Image by publik16
Australian shares closed down 5 per cent amidst global economic panic. The Australian share market plunged 5 per cent today, as the dollar hit a new five-year low. Fear of a global recession has seized markets, with big falls across the major indices overnight. The Dow Jones Industrial Average plunged 5 per cent and today the local All Ordinaries index fell by the same margin. It was down 228.1 points at 4369.8. After hitting a fresh three-year low, the ASX 200 closed 231 points lower at 4,388. CommSec's Savanth Sebastian says there are growing concerns about the ability of emerging economies to withstand the financial crisis.

publik18.blogspot.com/2008/10/market-plunges-5pc-dollar-c...


Business As Usual I
marketing business
Image by Focx Photography
Colleagues at the fish market Tsukiji chat as one of them continues gutting mussels (Tokyo, Japan). From my website at www.focx.de


Kareem Sabbagh, Booz & Company
marketing business
Image by ictQATAR
Partner & Vice President at Booz & Company, Kareem Sabbagh explained the business benefits of digital media literacy.

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