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Iceland stock market down 80% |
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Written by Stumo
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Wednesday, 15 October 2008 |
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The Dow was down by 39% from October 2007 at one point. But Iceland. Oh my.
Reykjavik’s benchmark index dropped almost 80 percent Tuesday, nearly a week after trading was stopped to give officials time to try to ease the crisis that has overwhelmed its once-flourishing financial sector.
The country is arranging financing from Norway and Denmark, and negotiating with Russia.
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In the news
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You are invited to the twelfth Coalition for a Prosperous America (CPA) Issues Forum.
TOPIC: Agricultural Trade: How Special a Case?
SPEAKERS: Jim Webster
Writer for Agri-Pulse, Agra Europe, Dairy Markets and
World Poultrymeat
Former Assistant Secretary of Agriculture for Governmental
and Public Affairs
Dr. Daryll Ray
Director and Founder, Agricultural Policy Analysis Center
Blasingame Chair of Excellence in Agricultural Policy,
University of Tennessee
Bill Bullard
Chief Executive Officer, R-CALF USA
Robert B. Cassidy
Director of International Trade and Services,
Kelley Drye &Warren LLP
Former Assistant US Trade representative
for China and for Asia
TIME: Wednesday, January 7, 2009
10:30 until Noon
PLACE: Offices of Wiley Rein LLP
1776 K Street, NW (Main Conference Center)
Washington, DC
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Read more...
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