Archive for August 10th, 2006

UK terror plot expected to pull down Wall Street

August 10, 2006
By invandbiznews
UK terror plot expected to pull down Wall Street

The London stock exchange reacted to news of a thwarted terror attack on ten US aircraft today by plunging more than 81 points (1.4 percent) to 5779 this morning. Wall street is expected to follow suite with US airline and other travel related stocks expecting to follow European stocks downward. Whilst the current threat...
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USA Department of Homeland Security fails its people

August 10, 2006
By invandbiznews
USA Department of Homeland Security fails its people

In the USA it has become the norm for people to turn to the Internet in times of national crisis. Anyone hearing about threat to blow up ten USA airline flights leaving the UK today would have felt some degree of comfort that the status on the Homeland security web site is a mere...
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Inflation worries return

August 10, 2006
By invandbiznews
Inflation worries return

There is growing evidence to support our thoughts that the global economy has had it good for too long. Perhaps the problem with the frailty of the human mind is that when things are good we forget the bad times, and when things are bad we only think about the good times –hence we’re...
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Posted in Finance, Markets | No Comments »

Copper up BHP Billiton down

August 10, 2006
By invandbiznews
Copper up BHP Billiton down

Copper prices broke through the $8,000 mark yesterday, rising to $8,105 a tonne – a rise of 2.7 percent on the day after workers started there long predicted strike at the Escondida mine in Chile, majority owned by BHP Billiton. The Escondida mine produces about 3,500 tonnes of Copper per day, about 20 percent...
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Posted in Industry, Markets | No Comments »

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