Word: asia
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Dates: during 2000-2009
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...Wall Street's opening slump of 1.66%, prices on European exchanges suffered serious erosion, with London's FTSE 100 down 4.2%, Paris' CAC 40 by 3.6%, and Frankfurt's Dax index 2.8%. The trio closed Monday trading with losses of 5.33%, 4.48%, and 3.48% respectively. The European shrinkage followed Asia's lead, with Tokyo's Nikkei index dropping 3.8%, Hong Kong's Hang Seng off 3.9%, Sydney's All Ordinaries falling 2.8%, and Mumbai's BSE Sensex down 3.69%. (See pictures of the global financial crisis...
...Asia offered no joy either. Manufacturing data released Monday made it clear the global recession was undermining the previously robust Chinese economy. It wasn't the only one suffering. Japan reported a steep drop in car sales, while South Korea said it was experiencing the same kind...
...Last week, during her tour of Asia, Secretary of State Hillary Clinton noted the difficulty of pressing China on human rights violations in Tibet in the face of an economic crisis. In any case, it’s likely that China will do nothing at all for the Tibetans. Neither is Russia likely to curb its abuses in Chechnya...
...pictures of Asia's monsoon...
...Still, for many in Europe, Asia and Latin America, the Chinese offer welcome relief. And it's not as if there are any rival suitors right...