Word: dax
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...with ETA FRANCE French police, in conjunction with the Spanish Civil Guard, arrested three suspected members of the Basque separatist group ETA. Officers detained Félix Ignacio Esparza Luri - who acting Spanish Interior Minister Angel Acebes said was ETA's logistics chief - in the southwestern city of Dax . Former ETA leader Félix Alberto López de la Calle, who had been on the run since escaping house arrest in November 2000, was apprehended in the western town of Angoulême, along with suspected ETA operative Mercedes Chivite Berango. Ouster in the Offing LITHUANIA The Constitutional...
...According to Neuhaus, sales of high-end TVs costing between €4,000 and €7,000 are up 15-20% this year. Digital cameras, laptops and even €800 espresso machines are selling fast. "Price is a secondary consideration," Neuhaus says. "People want the latest technology." While the DAX stock index has shot up 60% from a seven-year low in March, two leading indicators are also pointing to an upswing in the second half of the year. The ZEW Center for European Economic Research reported that its survey of financial analysts and institutional investors had risen...
...leveled two of the biggest buildings in the U.S. and shut down the New York Stock Exchange and the NASDAQ - the world's two biggest stock markets - for four days. The prices of oil, gold and bonds were sent soaring. The London FTSE, the Paris CAC and the German DAX all took double-digit losses in the first few days. By the end of September the news crossing the wires was grim and grimmer: corporate profits and consumer sentiment plummeting, unemployment shooting upward...
...Overseas, world markets went on churning - and were down. In London, the FTSE 100 index of British blue chip shares closed down 5.7 percent from Monday's close, with British Airways stock - a bad day for airlines - dropping 21 percent. In Germany, the DAX plummeted as much as 11.4 percent lower before recovering somewhat to close the day down 8.5 percent. The Paris Stock Exchange's CAC 40 index tumbled 7.4 percent; the Mib30 index in Milan finished the day at its lowest closing level since Oct. 17, 1998 - down 7.7 percent...
...money to spend and invest. But perception is important here, too. "Equity markets are seen as the bellwether of economic vitality," says Parker of the Royal Bank of Scotland. It's just possible, he warns, that with the U.S. and Japanese economies in real doubt and the FTSE and dax falling, fear alone could trigger a "global contagion." Even people who haven't been seriously damaged yet could suddenly decide to stop spending and keep their money safe in the bank. But how serious is this risk? Parker guesses that "this is one virus coming over from the U.S. that...