Saturday, October 1, 2011

Stocks at their worst low in three years

Full Story:Reuters

The ongoing global recession had had its effects being felt now more visibly. On Friday last, the stocks closed their worst ever quarter in last three years, hitting the economies worldwide and rising debts crises. The retail sales in Germany have seen their sharpest slide in more than four years, while China is experiencing contraction of its manufacturing sector since the beginning of last month.

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