[url]http://news.bbc.co.uk/2/hi/business/8648029.stm[/url]
[quote]sian stock markets have suffered big falls amid further signs that the Greek debt crisis is intensifying.
Shortly before the close, the Tokyo market was down more than 2.6% after falling almost 3% in early trading.
Hong Kong's Hang Seng was down 1.3%, while Singapore has seen a 1.5% drop so far.
Global shares have tumbled after the credit rating agency Standard and Poor's downgraded Greek debt to "junk" on Tuesday.
European markets suffered bigger falls on Tuesday, with London's FTSE 100 down 2.6% and France's Cac 40 index falling 3.8%.
On Wall Street, the Dow Jones index fell nearly 2%.
The head of the International Monetary Fund will later urge German MPs to agree to a rescue of the Greek economy.
Dominique Strauss-Kahn will travel to Berlin along with the president of the European Central Bank, Jean-Claude Trichet, to persuade politicians that giving Greece billions of euros in aid is a "last resort".
Progress on a deal to bail out Greece may also help to steady investors' nerves.[/quote]
god damnit, if this hits Korea, i will be even angrier.
very angrier.
get your shit together Greece
The country's name is GREECE. Get YOUR shit together.
You've done this twice now.
[QUOTE=Zeke129;21603774]The country's name is GREECE. Get YOUR shit together.
You've done this twice now.[/QUOTE]
what are you talking about, talk about the topic in hand sir.
Well fuck, just how much more of a domino effect is this going to have?
Better not hit Australia, here in WA we're on the verge of another resources boom.
WA should just break away from AUS :v:
We should, we could make a killing selling all our Uranium.
I read in the papers yesterday that it will cost at least $150 billion over the next 3 years to bail Greece out, which is something that no politicians will consider.
yeah, basically they want to shove all of germany's non existant money into greece.
Asian grease cause failure in stockings.
[QUOTE=DrLuke;21603938]yeah, basically they want to shove all of germany's non existant money into greece.[/QUOTE]
Greece should just leave the eurozone.
what a slippery situation
Greece will become 3rd world like africa and ireland ;[
Blimey, things're starting to heat up...
[QUOTE=Leg of Doom;21604235]Greece will become 3rd world like africa and ireland ;[[/QUOTE]
Ireland isn't third world :saddowns:
HAH keep telling yourself that you drunkard
[QUOTE=T2L_Goose;21604250]HAH keep telling yourself that you drunkard[/QUOTE]
Ok :downs:
Oh god. Singapore better not be affected too badly.
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