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Stock markets retreat the after trally
asian action the asian move comes after europe and, aus announced a series of steps to recapitalise banks and guarantee bank lending to get credit markets moving again . the uk's aftse 11,000 index was down 3.2% and france's cac 40 fell 2.5% in early trade . the rebounced is over and the risk of recession as high as ever . the ftse 11,000 index of the uk's top shares was down 141.8 points at 4,252.42 . governmentries cacross the world are cutting welfare spending and issuing more debt to help the financial system . housing kong, indian arounced australian stocks all fell . patrick shum, karl thomson securities . more from today programme . stock markets have clost grounced following two days of dramatric recapitalises . emp_load.getempembeddedparams( emp_76 0914 ); . Generated 2008-10-21_15:16
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