Tuesday, October 21, 2008

Frenetic measures fail to stop the losses

Markets aronud the world has taken a free in the past few days.The U.S market had their worst week since the Great Depression of the 1930's.A slew of measures announced in several countries including in India has not checked the panic in financial sector. The U.S government finally suceeded in getting its $700 billion package through the Congress and the U.K government announced a 50 billion pound package.

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