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  • Not vetted for CNN

  • Posted March 3, 2009 by
    Assignment
    Assignment
    This iReport is part of an assignment:
    Georgia-Russia conflict

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    Collapse of the basic exchange indexes of the USA

     

     

    The auctions on share platforms of the USA were closed by a collapse of the basic exchange indexes.

     

     

     

     

    Index Dow Jones has lost more than 4 percent. It has reached the worst indicator registered since 97th year. Standart and Purs has fallen almost to 5 percent. Experts connect a collapse of the share markets with messages about record for all history of the USA the loss of the largest insurer of the country - companies AIG. In the meantime the prices for oil following the results of the auctions on the basic commodity-raw platforms have fallen to ten percent. At the New York commodity-raw stock exchange oil of mark WTI has fallen in price for 4 dollars and began to cost 40 dollars 43 cents for barrel. The European oil of mark Brent bargained in London under the price in 42 dollars of 39 cents for barrel - almost for 4 dollars less, than result of the previous exchange session. Falling of the price for analytics oil prove proceeding deterioration of an economic situation in the world in this connection demand for raw materials has sharply fallen.

     

     

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