Wednesday, January 23, 2008

European stocks down sharply as Fed 'feel-good' rally falters (AFP)



Palestinians push a horse cart into the Gaza Strip loaded with sacs of cement they bought in the Egyptian side of the border town of Rafah. Tens of thousands of Palestinians have poured into Egypt to stock up on goods because of an Israeli blockade, after militants blew up parts of the border with the Gaza Strip.(AFP/Said Khatib)AFP - European stock markets fell deeper into negative territory Wednesday after the European Central Bank indicated it would not follow the US Federal Reserve and slash interest rates in the near term.




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