Global credit crunch, facts and figures
STOCK MARKET JITTERS
RISING COMMODITY PRICES
THE FED'S FALLING INTEREST RATES - OVER 12 MONTHS
Twelve months ago interest rates were 5.25%. By 30 January they had dropped to 3%. They are now 2.25%, as of 18 March.
FALL OF A WALL STREET GIANT
Wall Street bank Bear Stearns collapsed when other banks lost confidence in the value of its investments in sub-prime mortgages. It was bought by JPMorgan Chase in March.
COLLAPSING US HOUSING MARKETS
Underlying the financial market wobblies is a real decline in US house prices nationwide for the first time since the 1930s.
No hay comentarios.:
Publicar un comentario