European Stock Exchanges have suffered heavy losses in Tuesday trading.
In Frankfurt, the DAX was down Top German Managers Get Hefty Pay Increase ...
Protest over Pakistan share slump ...
Labour Ministry to swap its shares in PRE for stake in CEZ ...
ECB raises interest rates ... two percent, despite news that the European Central Bank is to pump another 70 billion euros into money markets. Meanwhile the Russian Stock Exchange suspended trading following losses of more than ten percent. In London, the FTSE 100 has dropped below 5,000 points for the first time since 2005.
(Deutsche Welle)
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