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Update: Europe Stocks Drop for Sixth Day as Japan Tries to Avert Nuclear Meltdown
03-15-2011, 01:32 PM #1
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
European stocks fell for a sixth day as Japan continued battling to prevent a meltdown at the crippled Fukushima Dai-Ichi nuclear power plant. U.S. index futures dropped, while Japanese shares rallied.

BNP Paribas SA led banks lower as Moody’s Investors Service downgraded Portugal’s debt rating. Sonova Holding AG (SOON) plunged the most in four years after the Swiss hearing-aid maker cut its forecasts. Zodiac Aerospace gained 1.3 percent as first-half revenue increased.

The Stoxx Europe 600 Index fell 0.5 percent to 264.97 at 10:47 a.m. in London, having earlier risen as much as 0.8 percent. The gauge has retreated 9.1 percent from this year’s high as last week’s Japanese earthquake and ensuing nuclear disaster added to concern that revolts in the Middle East and North Africa will further disrupt oil supplies. The drop has pushed the measure’s valuation to the lowest level since April 2009 relative to estimated company earnings.

“It’s too early to call the bottom,” said Markus Steinbeis, head of equity portfolio management at the Unterfoehring, Germany-based unit of Pioneer Investments KGmbH, which oversees about $221 billion globally. The market’s direction “is heavily dependent on what’s happening in Japan.”

www.bloomberg.com

Not a good trend! Edit: JayRodney 03-16-11 2:31 pm gmt+2

wonder.gif
03-15-2011, 01:39 PM #2
Shadow Mrs. Buckwheat
Posts:12,777 Threads:1,182 Joined:Feb 2011
Just wait til Japan cashes in the $900 billion in US treasuries they hold. Once that starts other countries will be scrambling to get out. This is going to hit every aspect of life on the planet. Unless they get those reactors under control....
03-15-2011, 01:58 PM #3
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
Those reactors are beyond control. The only thing in damage control mode is the Japanese governments attempting to underplay the seriousness of the situation to prevent the whole country from falling on swords before the upcoming disaster.
It would be a great time to own a boat if you lived there, and get the hell away as fast as possible.
I fear nobody will be safe from the fallout from whats to come.

wonder.gif
03-15-2011, 02:27 PM #4
Upāsaka Member
Posts:1,383 Threads:252 Joined:Feb 2011
İmage

lol.gif we need this made into a small pic for the forum.


On a more serious note, the Plant with the multiple reactor problems have all but been evacuated around (800 staff) 5 remain.

Those five people are hero's and should be honoured accordingly.
Anonymous Kritter Show this Post
03-15-2011, 02:31 PM #5
Anonymous Kritter Incognito Anonymous
 
(03-15-2011, 02:27 PM)Prometheus Wrote:  İmage

lol.gif we need this made into a small pic for the forum.


On a more serious note, the Plant with the multiple reactor problems have all but been evacuated around (800 staff) 5 remain.

Those five people are hero's and should be honoured accordingly.

rofl.gif that was soothing.
03-15-2011, 02:35 PM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
He looks like a teacher I used to have that was fired for being stoned to the bajesus belt. rofl.gif We'll have to make an emote out of that.

wonder.gif
03-15-2011, 02:50 PM #7
Upāsaka Member
Posts:1,383 Threads:252 Joined:Feb 2011
Quote:He looks like a teacher I used to have that was fired for being stoned to the bajesus belt.
lol.gif

"Now kids I want you to sit here and IMAGINE your running arooooooound the TRACK at the speed of light. Speaking of which, do any of you kids have a lighter?"
03-15-2011, 04:04 PM #8
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
rofl.gif You had him for a teacher too? beerbong.gif doobie.gif

wonder.gif
Anonymous Kritter Show this Post
03-15-2011, 05:14 PM #9
Anonymous Kritter Incognito Anonymous
 
lol.gif I wish I had a teacher that cool.
03-15-2011, 08:07 PM #10
Cynicalabsurdance Member
Posts:8,955 Threads:209 Joined:Feb 2011
(03-15-2011, 02:27 PM)Prometheus Wrote:  İmage

lol.gif we need this made into a small pic for the forum.


On a more serious note, the Plant with the multiple reactor problems have all but been evacuated around (800 staff) 5 remain.

Those five people are hero's and should be honoured accordingly.

rofl.gif
Allow me a Guess at whom this Monkey might be ,,,

This is the "NEW" Dali Lama?

Further, with a Monkey Mug such as this one, who,, i mean,, just exactly WHO,,
could argue with a face like that?

I am so calm now,,,, i feel,,, i could toss my Valium in the Radio-Active Sea.yay.gif
03-15-2011, 08:24 PM #11
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
rofl.gif Don't toss it away, sell it! 37.gif It's going to be worth it's weight in gold when peoples hair starts falling out. Sure, it wont help shït, but they will feel better about themselves, and a bit more sleepy than usual.

wonder.gif
03-16-2011, 03:35 PM #12
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
European stocks fell for a sixth day as Japan continued battling to prevent a meltdown at the crippled Fukushima Dai-Ichi nuclear power plant. U.S. index futures dropped, while Japanese shares rallied.

BNP Paribas SA led banks lower as Moody’s Investors Service downgraded Portugal’s debt rating. Sonova Holding AG (SOON) plunged the most in four years after the Swiss hearing-aid maker cut its forecasts. Zodiac Aerospace gained 1.3 percent as first-half revenue increased.

The Stoxx Europe 600 Index fell 0.5 percent to 264.97 at 10:47 a.m. in London, having earlier risen as much as 0.8 percent. The gauge has retreated 9.1 percent from this year’s high as last week’s Japanese earthquake and ensuing nuclear disaster added to concern that revolts in the Middle East and North Africa will further disrupt oil supplies. The drop has pushed the measure’s valuation to the lowest level since April 2009 relative to estimated company earnings.

“It’s too early to call the bottom,” said Markus Steinbeis, head of equity portfolio management at the Unterfoehring, Germany-based unit of Pioneer Investments KGmbH, which oversees about $221 billion globally. The market’s direction “is heavily dependent on what’s happening in Japan.”

www.bloomberg.com

Not a good trend! UPDATE Edit: JayRodney 03-16-11 2:31 pm gmt+2

wonder.gif
03-16-2011, 04:22 PM #13
Kreeper Griobhtha
Posts:10,814 Threads:651 Joined:Feb 2011
(03-15-2011, 02:27 PM)Prometheus Wrote:  İmage

lol.gif we need this made into a small pic for the forum.


On a more serious note, the Plant with the multiple reactor problems have all but been evacuated around (800 staff) 5 remain.

Those five people are hero's and should be honoured accordingly.


rofl.gif


That's ğkking great!


And yes, I had him for US History in the 11th grade.

Politicians hide themselves away
They only started the war
Why should they go out to fight?
They leave that role to poor
03-16-2011, 04:35 PM #14
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,478 Threads:1,442 Joined:Feb 2011
That damn monkey has teacher written all over it, or world leader. Maybe we could replace all chairman Mao's pics with this just to see what happens.

wonder.gif



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