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Stock Market October 23, 2008 Greenspan: 'Credit Tsunami' to Have Severe Impact- Wall Street wobbles as corporate forecasts, jobless claims point to weaker economy Investors seemed to be looking for bargains after a two-day selloff that slashed nearly 750 points from the Dow Jones industrials, but there was clearly little conviction behind any buying. There is a growing belief on the Street that the economy is either in a recession or headed for one despite government relief efforts and gradual improvements in world credit markets Goldman Sachs fell $3.71, or 3.2 percent, to $111. Eli Lilly rose 60 cents to $32.71, while Dow Chemical rose $1.65, or 7.5 percent, to $23.76. Light, sweet crude rose $1.45 to $68.20 on the New York Mercantile Exchange. The contract on Wednesday fell to a new 16-month low as big increases in U.S. crude and gasoline stocks fed beliefs that the economic downturn is eroding demand for energy. Goldman Sachs fell $3.71, or 3.2 percent, to $111. Eli Lilly...

Bad Week For Wall Sreet NEW YORK - Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis. The major indexes are all down more than 3 percent for the week. The Dow has fallen nearly 460 points in the last two sessions and reached its lowest point since September 2006. Dow off 107; crude finishes above $140Traders worry about heavy selling when the quarter and month end on Monday. The Dow's close is down nearly 20% from its October high, the definition of a bear market. Financial stocks weaken again. Energy stocks move higher. Investors again contended Friday with a seemingly relentless stream of troubling news about the financial sector. Moody's Investors Service said it is reviewing investment bank Morgan Stanley for a possible downgrade. There were also more reports that Merrill Lynch & Co. might have to write off ...

The Stock Market May 8, 2008 Morning 7 am Markets U.S. close in 5 hrs, 48 mins DJIA 12,842.44 28.09 0.22%

Muslims in southwest French city ofToulouse woke up Monday to the sad view of a burned local mosque. "This is very shocking," Abdul Nabi al-Hamrawi, the imam of Al-Salam Mosque exclaimed. The fire had gutted the inside of the mosque.located in the Toulouse suburb of Colomiers, was set ablaze on Sunday, April 20. Investigators and rescue officials quickly concluded it was a deliberate act of arson. Interior Minister Michele Alliot-Marie called the attack an "odious act" and vowed to apprehend the culprits. Islamophobic attacks have recently surged in France, home to a sizable Muslim minority of nearly six million.

The Muslims are bleeding profusely every day under the silence of the world. In Gaza the Isrealis killed more than twenty Moslem civilians in Gaza in blood bath. A few hundred thousands of miles away the Iraqi Moslems in the town of Abu Mohammed about 90 miles north of Baghdad, suffered more by crazed suicide where more than 50 people were killed and scores badly ingured. Police said the strike appears to be latest assault to intimidate members of the awakening -- predominantly Sunni Muslims who have joined forces with the U.S. and Iraqi governments. The civilians killed where mourners attending the funeral of Sheikh Ibrahim Aref al-Azzawi, a tribal leader in the predominantly Sunni village, said police in the Diyala town of Khalis. Witnesses said the injured were taken to hospitals in Salaheddin province and in Kirkuk. The silence of the Arab governments and the Moslem leaders and scholars of these countries are amazing.