SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (41238)11/11/2003 3:15:18 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Tokyo's Nikkei plunges 2.8 percent
Asian markets fall after Wall St. ends down; yen strong

By Allen Wan, CBS.MarketWatch.com
Last Update: 2:35 AM ET Nov. 11, 2003
cbs.marketwatch.com

TOKYO (CBS.MW) - Tokyo's key benchmark tumbled nearly 3 percent to a three-month low Tuesday on the back of Wall Street's decline, poor domestic data, currency jitters and the Japanese leader's comments that he would press ahead with reforms following the weekend elections.



To: Snowshoe who wrote (41238)11/11/2003 3:16:51 AM
From: Maurice Winn  Read Replies (4) | Respond to of 74559
 
Oh Oh! A trade war doesn't seem like a good idea. It basically means governments are going to grab even more of their citizens' wealth and suffocate them economically.

If the governments give a countervailing tax reduction to compensate for increased take on imports, it wouldn't be so bad, but they won't do that.

It's just another excuse for a big tax grab.

Mqurice



To: Snowshoe who wrote (41238)11/11/2003 3:33:48 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Let the war begins! This gives a good opportunity for Brazil to export to Europe cheap stuff! This is a good war.



To: Snowshoe who wrote (41238)11/11/2003 3:44:19 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<<The cheese-eating surrender monkeys have bitten back.>>

Biting back
11 November 2003
argument.independent.co.uk

With the accuracy of a (French) Exocet missile, Pascal Lamy, the European commissioner responsible for trade affairs, has levied retaliatory sanctions on US products with lethal effect. He is quite right to do so, of course, as President Bush's imposition of tariffs on steel imports to the US was plainly contrary to World Trade Organisation rules, as the WTO has confirmed. M. Lamy understands how to hurt the Americans: batter their icons. So there will be revanchist tariffs placed on jeans, on Florida orange juice and on bowling alley equipment. The cheese-eating surrender monkeys have bitten back.



To: Snowshoe who wrote (41238)11/11/2003 3:51:18 AM
From: TobagoJack  Respond to of 74559
 
<<Europe plans huge trade war with US>> ... yes, crisis is a partner ;0)