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outlet metzingen ?Tanzania building collapse death toll rises to 30 The death toll from the collapse last week of a building in Tanzanias largest city rose to 30 early today, according to a government agency statement. Rescue workers have given up hope of finding more survivors after the 16storey building in

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Published: Saturday 31 August, 2013

bags in sale bags in sale ?stocks fall on Greeces debt trouble



By Adam Shell, USA TODAY



NEW YORK Stocks suffered their biggest drop in three months Tuesday amid fresh fears that a $143 billion Greek bailout plan may not be enough to stem the spread of the debt crisis to other struggling eurozone countries.



A day after Wall Street enjoyed a relief rally on news that the European Union and International Monetary Fund would fund loans to Greece so it could avoid default, the plans ultimate success was called into question. governme bags in sale nt bonds rallied, showing that investors wanted to protect their money.



GREEK PROTESTS: Unhappy with rescue plans austerity



How the final act of the Greek debt drama will play out and whether similar crises will infect other indebted countries, such as Portugal and Spain is a major unknown. The uncertainty is weighing heavily on the confidence of investors still scarred by the initial fallout from the financial crisis.



The worries over sovereign debt come at a time when the stock market has been on an incredible upward run and prone to a correction. The problems in Europe also coincide with other headwinds, such as the oil spill bags in sale off the coast of Louisiana, legal problems for Wall Streets most powerful bank and renewed terrorism fears after Saturdays thwarted attack on New Yorks Times Square.



The cumulative effect of all those negatives explains the 225point plunge the worst point drop since Feb. 4 suffered Tuesday by the Dow Jones industrials. The Dow, which closed at 10,927, is down 2.5% from its April 26 bull market high. It is up 4.8% in 2010 and 66.9% from its March 2009 low. markets cant be ruled out.



What happens in Athens doesnt stay in Athens, says Woody Dorsey of Market Semiotics. Eventually, it comes to an Athens near you, like Athens, Ohio.



EURO SLIDE: Currency drops despite bailout plan



Many traders are selling stocks to protect big profits and to get out ahead of what some market experts say could be the start of a market dip.



Slowing growth in Europe hurts everyone, says Rod Smyth of Riverfront Investment Group.



Europes debt problems are also knocking down the value of the euro, which fell Tuesday to a 12month low vs. dollar. Dont attack other readers personally, and keep your language decent. Use the Report Abuse button to make a difference. Read more. bags in sale

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