Markets down again after yesterday's turmoil
After a day of global turmoil yesterday, every European index has opened down today.
London's FTSE is down 1.4% in early trading, while the ISEQ is down 1%.
Global markets recorded their biggest one day fall since 2008 yesterday.
Brussels Bureau chief with the Financial Times Peter Spiegel said the current crisis is different from previous ones due to "real policy shortcomings in the US and in Europe", compared for example to a "unified response by the Gulf countries" in 2008 to calm the markets and stimulate the economy.
