Red Alert: Market plummet sparks panic avalanche

RussiaToday | Aug 5, 2011 | 318 views

It's been a rocky few hours on the global stock markets - with Europe's exchanges dipping again - echoing similar worrying drops in Asia and America. Stockholders fear the worst after the prospect was raised of a sharp slowdown in the U.S. economy, as well as the Eurozone's debt weighing on their minds. And there's no Friday feeling for Spain or Italy - both have seen their borrowing costs shoot up again. Let's see how Europe's trading is going right now. RT's Daniel Bushell is in Brussels.

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