Wednesday, 24 November 2010 07:39
'US stocks have plunged amid mixed fears over tensions on the Korean Peninsula, Europe's mounting debt problems and the Federal Reserve's bleak growth forecasts.
The Dow Jones Industrial Average lost more than 142 points at closing on Tuesday while the Nasdaq composite index was down 37 points. The S&P 500 also fell 17 points to 1,181, CNN reported. The drop came on the heels of an exchange of artillery fire along the disputed sea border between the two Koreas early on Tuesday, killing two South Korean soldiers and wounding several civilians.'
Wednesday, 24 November 2010 07:39
'US stocks have plunged amid mixed fears over tensions on the Korean Peninsula, Europe's mounting debt problems and the Federal Reserve's bleak growth forecasts.
The Dow Jones Industrial Average lost more than 142 points at closing on Tuesday while the Nasdaq composite index was down 37 points. The S&P 500 also fell 17 points to 1,181, CNN reported. The drop came on the heels of an exchange of artillery fire along the disputed sea border between the two Koreas early on Tuesday, killing two South Korean soldiers and wounding several civilians.'
Portuguese to Strike Against Budget Bill
Wednesday, 24 November 2010 07:10
'Portuguese unions are set to stage a 24-hour general strike against their government's severe austerity measures as the country remains bogged down in debt problems and high unemployment.
Portugal's largest union, CGTP, and the General Union of Workers have jointly called on the country's trade unions to stage a massive walkout on Wednesday in a move which is expected to create numerous flight disruptions and cancellations at all major airports throughout the country, Reuters reported.
The general strike would be the first such industrial action since 2007 and the first joint protest by the two main umbrella unions in almost 22 years.'
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