Word: monday
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Relative calm returned to global bourses Tuesday following Monday's battering. Asian markets closed slightly down, while European indices reflected modest opening gains. But many observers see Tuesday's lull as little more than a break between rounds in a particularly brutal boxing match. "The markets certainly got a breather today," says Kirby Daley, senior strategist at financial services firm Newedge Group in Hong Kong, of Tuesday's respite. "(But) I believe it will be short-lived...
...Overnight futures trading suggested that Wall Street would open to less bearish trading than the sell-off that fueled its 4.24% loss Monday. But observers warned against looking to daily, weekly, or even monthly market activity for signs of where they or the stocks traded on them are headed. The reason? First off, if the selling frenzies that sent indices plunging by roughly 50% over the past year were initially driven by fears of possible collapse of global finance markets, that panic is now mostly being inspired by the world's dismal economic outlook. Because of that, many experts...
...evidence of cold-blooded execution of army officers who were killed amid last week's mutiny at the headquarters of the nation's paramilitary border security force, the Bangladesh Rifles (BDR). The body of Lt. Col. Golam Kibria was found floating through a sluice gate in a nearby sewer Monday morning, bringing the death toll to 74, with 70 more BDR commanding officers who were present at the headquarters when the mutiny occurred still missing and presumed dead. The mutineers initially raised demands related to their pay and conditions of service, but the extent of the carnage now appears...
Guinea-Bissau is one of the Colombia cartels' most critical points for smuggling cocaine into Europe and, just before dawn on Monday, the tiny West African country plunged into a political power vacuum. At that moment, the long-time president of the country was shot dead in his home just hours after an armed attack on the military headquarters killed his Army chief of staff. The two men were adversaries in a bitter power struggle, one that had fueled a civil war in the late 1990s...
Residents in Bissau said on Monday that they had hidden inside their houses overnight, listening to gunshots resound across the city for hours, until they subsided at about 5 a.m. "Everyone is shocked," the former Minister of Finance Isifou Sanha said by phone from Bissau. "There must be a call to respect the constitution." Military leaders said on Guinea-Bissau radio stations yesterday that they would follow the constitution, by allowing the head of the parliament to run the country until new elections, which are supposed to be held within 60 days. Yet with billions of dollars of illegal drug...