The U.S. Dow index, the largest weekly fall since1914

Yesterday, after an extremely volatile trading, U.S. indexes ended the session in opposite directions - Dow Jones Industrial Average lost 1.5 percent to 8 451 points, technological Nasdaq added 0.27 percent to 1 649.5 points, while the broad S & P 500 gave up 1 , 18 percent.

For the past five days Dow Jones Industrial Average reported a decline of 18 percent, which is the largest weekly fall of 1914g.

During the week witnessed the coordinated reduction of interest on the part of leading central banks in the world. U.S. treasury, the euro, Canada and Sweden took a reduction of their basic rates by 0.5 percentage points.

They joined and the central banks of South Korea, Hong Kong and Taiwan. Interest rates in South Korea and Taiwan were reduced by a quarter point. Korean central bank undertook the first such move for the past five years, sedemdnevniya divest its interest rate to 5 percent.

However, exchanges worldwide are thrown down because of declines in the U.S. and fears of global recession and prolonged. The power MSCI World Index, which monitors the performance of the shares of leading companies in 23 developed countries to plunge 20 percent this week, which is the largest weekly decline for the indicator since its inception in 1970

Yesterday Brent oil variety reported a fall of 7.57 percent to 76 dollars for a barrel and lightest crude oil is depreciated by 7 percent to 80.5 dollars for a barrel.

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