Thursday, November 1, 2007

Bad Day for the World Economy

Fed finally cut the rate, upon that it decided to inject billions of dollars into the Economy. The subprime credit crisis is not over, people are scared. Dow Jones dropped by 360 points today, the biggest this year.

Meanwhile, oil price continues to skyrocket, China decided to raise gas price by 10%.

Scouring through the web, haven't seen one good news today.

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