A Black Friday on the stock markets is possible this year

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

US stock-markets have been falling for six weeks already. On Wednesday S&P 500 index moved beyond its support level of 1,192 to 1,162 while Dow Jones lost 60-points. Europe dives into crisis impacting investors' confidence. Pre-Christmas time usually implies fund managers window-dressing; however, this year companies shock public by reporting massive layoffs thus undermining foundations of business. Changes are needed as otherwise stock markets may collapse.

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Thu, 24 Nov 2011 08:28:57 GMT

China carries out navy exercises in the Pacific region

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