Zurich, Switzerland (TSR, Fre) - The Swiss stock market slid further Friday, as did others throughout Europe. Swiss shares were down 8% at one point and at 11:30 were at 6% lower.

The increasing impact on markets of fears that a recession is underway or imminent is turning all eyes towards the G7 meeting in Washington DC that begins at 18:00 Swiss time.

TSR is running a blog with several posts during the day that is closely watching market activity throughout Europe.

Posted by :: Ellen Wallace on 10 October 2008 at 14:19 | permalink
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News story, GenevaLunch, 10 October 2008.

Filed under: Business

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