Global Markets Continue to Fall

Source: BBC News

Global markets continue to fall

A drop-off in share prices is being seen around the world

UK shares have fallen sharply in early Friday trading on the back of a sell-off in global stock markets.
The FTSE 100 lost 41 points, or 0.66%, in early trading on the back of Thursday's 3.2% slump - the biggest percentage loss in three years.

Concerns about the impact of higher global interest rates on company profits, takeovers and loan defaults have hit world markets.

Asian shares ended more than 2% lower, after similar losses on Wall Street.

- snip -

"Worries that have been out there for the past couple of years are coming to a head right now," said Edward Yardeni, president of Yardeni Research.

Read more: http://news.bbc.co.uk/2/hi/business/6918570.stm

To understand why the markets are in trouble it helps to understand some of the basic tactics used to rig the markets. In this film I made for Al Jazeera English "People & Power" series I explain some basic market rigging tricks.

"Rigged Markets" pt. 1
http://www.youtube.com/watch?v=8z66kmPRl5Y

"Rigged Markets" pt. 2
http://www.youtube.com/watch?v=_3H6uEyR66M

For an overall look at how the U.S. Dollar is manipulated - watch this film I made for Al Jazeera English's "People & Power" series:

"Death of the Dollar"
http://www.youtube.com/watch?v=zmyvEhU-gmw

This film looks at the CIA's bungle to kidnap someone in Milan Italy.

"Extraodinary Antics" pt. 1
http://www.youtube.com/watch?v=_CVEMysbdOQ

"Extraodinary Antics" pt. 2
http://www.youtube.com/watch?v=wIFJltamP_A

Here's the transcript...
http://www.karmabanqueradio.com/temp/torturechic.html

extract:

MAX KEISER
All roads used to lead to Rome, today all roads lead to Washington DC.

MAX KEISER
According to some reports, Condoleeza Rice, while she was heading up the National Security Council, personally ordered the kidnapping and rendering of Abu Omar.

MAX KEISER
It was a way of showing other nations that America didn't need friends. It could go it alone.

MAX KEISER
Of course, today the story is different. These other nations are issuing indictments and warrants because America is involved in the dirty business of extraordinary rendition.

MAX KEISER
The Romans used to throw the Christians to the lions, today, America throws the Muslims and the Mexicans to the savages at Fox News.

:)

Welcome to DU :hi:

Thank you for sharing your videos, they are very helpful in understanding what is going on in the financial world. Looking forward to Part 2 "Death of the Dollar"

Hope to see more of your postings. Check out daily Stock Market Watch thread in the Late Breaking News category
http://www.democraticunderground.com/discuss/duboard.php?az=show_topics&forum=102

In June 2007, the SEC voted to remove the grandfather provision that allowed fails to deliver that existed before Reg SHO to be exempt from Reg SHO. SEC Chairman Christopher Cox called naked short selling “a fraud that the commission is bound to prevent and to punish.” The SEC also said it was considering removing an exemption from the rule for options market makers. <8>

From:

http://en.wikipedia.org/wiki/Naked_short_selling

and thank you for providing interesting background stuff.

Is the market rigged?


answer = does the sun rise in the east?

World Indexes





North/Latin America



INDEX VALUE CHANGE %CHANGE TIME
DOW JONES INDUS. AVG 13,473.57 -311.50 -2.26% 07/26
S&P 500 INDEX 1,482.66 -35.43 -2.33% 07/26
NASDAQ COMPOSITE INDEX 2,599.34 -48.83 -1.84% 07/26
S&P/TSX COMPOSITE INDEX 13,844.60 -260.72 -1.85% 07/26
MEXICO BOLSA INDEX 29,996.60 -1,106.93 -3.56% 07/26
BRAZIL BOVESPA STOCK IDX 53,893.15 -2,108.15 -3.76% 07/26


More North/Latin America Indexes



Europe/Africa/Middle East



INDEX VALUE CHANGE %CHANGE TIME
DJ STOXX 50 € PR 3,752.51 17.32 0.46% 05:36
FTSE 100 INDEX 6,276.90 25.70 0.41% 05:36
CAC 40 INDEX 5,697.75 22.70 0.40% 05:52
DAX INDEX 7,464.71 -44.25 -0.59% 05:37
IBEX 35 INDEX 14,553.60 13.20 0.09% 05:36
MILAN MIB30 INDEX 40,170.00 122.00 0.30% 05:37
AMSTERDAM EXCHANGES INDX 532.47 -0.57 -0.11% 05:51
OMX STOCKHOLM 30 INDEX 1,220.79 8.45 0.70% 05:51
SWISS MARKET INDEX 8,741.34 34.94 0.40% 05:51


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Asia/Pacific



INDEX VALUE CHANGE %CHANGE TIME
NIKKEI 225 17,283.81 -418.28 -2.36% 03:00
HANG SENG INDEX 22,570.41 -641.28 -2.76% 04:01
S&P/ASX 200 INDEX 6,082.90 -175.60 -2.81% 02:47


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Unless indicated otherwise: intraday data is at least 15 minutes delayed; mutual fund NAVs are updated at the close of every market day; all prices are in the local currency; Time is ET.