Trauma in the asian equity markets. Chinas stocks extended their biggest twomonth tumble since 2008, amid growing concern that Government Intervention to prop up the market will fail. Slipped afteran Industrial Production unexpectedly fell in july. We have all the bases covered and will have the latest from hong kong and tokyo in just a moment. First, lets bring in mark barton. Mark, these markets show no sign of reprieve. Mark the worst month since may, 2012. Markets nd develop the developing market is the worst since may, 2012. You get the just. Gist. Ee world index is china is the epicenter of worry as investors are considering whether intervention will work. China is lumping 12. 5 after slumping 40 in july. What into the next, manus, happened at jackson hole probably the most important speech was that made by the feist german Stanley Fischer by the vice chairman Stanley Fischer. He proclaimed his faith that inflation is poised to move upward, and his remarks werent signaling an imp
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The issue of global debt distress is a matter of great concern, not just for the affected developing nations but also for developed countries and international organizations.