Tuesday, April 28, 2009

Pig Caused Event? Flashback from 1976....

The rising risk that a global pandemic could snuff out frail signs of recovery in the world economy spurred nervous investors to seek safe havens on Tuesday,after the World Health Organisation raised its alert level for a deadly swine flu outbreak that started in Mexico.

Oil prices fell to near $49 a barrel Tuesday in Asia as traders mulled how much a global outbreak of swine flu could undermine demand for crude.

Given the spread of swine flu in humans elsewhere in the world, officials and the public in Japan intensified efforts Tuesday to prevent and minimize the impact of an outbreak in Japan.

Fears that a swine flu outbreak could turn into a global pandemic intensified on Monday night, as governments across the globe stepped up their response and tensions rose between Europe and the US following a warning by a senior EU health official against all but non-essential travel to America.
The World Health Organisation on Monday night increased its assessment of the H1N1 virus to a ”significant risk” and increased its alert to an unprecedented phase four.
Most Asia travel and tourism stocks are hit for a second straight day on concerns over the impact of the swine flu outbreak, further weakening an industry already sick from the global economic slowdown.

Tokyo stocks plunged Tuesday, sending the key Nikkei index down more than 2 percent, as reignited concerns over the U.S. financial outlook and global fears over a swine flu outbreak triggered a sharp rise in the yen and dragged the index to a three-and-a-half-week closing low.

A pig caused event maybe it was something to take your mind off the fact that The Resident is working over time allowing his buddies at the FED (the next troubled bank)and their favored banks to screw you or...
Obama is less popular than Nixon and Carter and they wanted to do something to bring up his ratings.

Yes Senator Collins was it worth it?  

Video: US Public Health Dept. Commercial 1976


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