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Wednesday, 26 August 2015
Markets in free fall
The slump in Chinese economy is rippling across global markets with effect akin to 2008 financial crisis. British companies lost about £74 billion of their value to the development that is now tagged 'Black Monday'.
Markets in America, France and Germany were not spared in the free fall. The year 2008 is over and no one wants a repeat of that financial crisis.