Wednesday, March 4, 2009

Euro zone services drop

http://uk.reuters.com/article/UKNews1/idUKSP48879820090304

More bad signs out of europe.


The overwhelming mood was grim, however, with the International Monetary Fund warning late on Tuesday the global financial crisis had shifted to the world's poorest nations and 22 might need as much as $25 billion


Wow 22 countries and increasing.


http://uk.reuters.com/article/businessNews/idUKTRE5231BG20090304


Also ITV cuts jobs and calls the downturn a "short term horror"

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