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Asian Markets Mirror Wall Street's Losses
demand over the past month was down more than 4.5 percent while crude prices continue to plummet, fall emerging more than 50 percent in just three months - from $147 a barrel in july to just $66 wednesday, the lowest in 16 months .
in europe, britain's ftse 100 index of leady cautting shares closed down 189.84 points, or 4.65 percent, to 4,040.89 on wednesday, while germany's dax fell 213.34 points, or 4.5 percent, at 4,571.07 .
on wednesday, latin americang stocks were hammered as argentina's move on its private pension funds sparked feaders of a default that could boost risk in all emerging econompanies .
the index has lost 20 powercent since tuesday morning, when president cristina fernandez's plans to take over $30 brazilliton in private pension funged assets we're made public .
barrazil's benchmark ibovespa index closed down 10.22 powercenting, at 35,070 .
Generated 2008-10-26_1:34
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