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Economic Repercussions of London Attacks (moved from ATSNN)

page: 1

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posted on Jul, 7 2005 @ 09:30 AM
Came across this, and I thought it would be quite important to show you all that this is the exact result that Al-Qaida desires from their attacks.
LONDON, England (Reuters) -- British shares tumbled more than 3 percent and continental European shares reeled on Thursday after several explosions across London killed a number of people, injured scores of others and spooked financial markets.

"People don't know what to do. You can't get a price on anything on any side. There's no trading on the screens," one European-based dealer said.

"We're trying to cover a couple of positions but we just can't cover them unless you really want to pay and we're not quite ready for that yet."

Please visit the link provided for the complete story.

Interesting to note that the stories that will get the most billing involve killing and destruction, where the final and ultimately most impacting results are coming from the floor of the stock exchange.

Is what happened to America post 9/11 what's in store for the UK?

Related News Links:

posted on Jul, 7 2005 @ 09:44 AM
wait, terrorism doesn't exist on these boards, it had to be bush or blair......

our markets bounced back, as will yours.

prayers for the families of those killed and wounded

posted on Jul, 7 2005 @ 09:54 AM
The stock prices should recover well and recover quickly. They always did after any IRA attack.


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