Eddie Hobbs: 25 consequences for Ireland as we enter ‘The Upside Down’ world of finance

Eddie Hobbs: 25 consequences for Ireland as we enter ‘The Upside Down’ world of finance

Just like in the Netflix blockbuster Stranger Things, we have entered ‘The Upside Down’ through a portal to a dysfunctional money system, one that has implications across all our lives, suggests Eddie Hobbs.

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M&S to drop out of FTSE 100 after 35 years as top British business

M&S to drop out of FTSE 100 after 35 years as top British business

Marks & Spencer will drop out of the FTSE 100 for the first time since the index was created 35 years ago, after its value fell below the threshold for inclusion.

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Markets suffer another plunge as Dow Jones drops 1,000 points.

Markets suffer another plunge as Dow Jones drops 1,000 points.

Stocks on Wall Street plunged again today as for the second time in four days the Dow Jones industrial average sank more than 1,000 points.

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Bull market ‘could run through 2018’

Bull market ‘could run through 2018’

UK fund managers resumed raising their equity exposure in November, a Reuters poll showed, with over two-thirds expecting the global equity bull run to continue throughout 2018.

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Jittery markets make small gains

Jittery markets make small gains

European markets made nervous gains today despite lingering fears that the world economy is heading back towards recession.

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Markets hit by world recession fear

Markets hit by world recession fear

Global recession fears continued to haunt world markets today, sparking another volatile day of trading.

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Germany calls for European ban on short-selling

Germany is calling for a European wide ban on short-selling.

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US retail boost lifts stock markets

US retail boost lifts stock markets

Stock markets continued their revival today as US retail sales came in better than expected and European markets reacted favourably to the short-selling ban imposed overnight.

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World markets plunge once more

World markets plunge once more

Shares tumbled again today as many global markets entered official bear market territory after one of the worst days on Wall Street since the collapse of Lehman Brothers in 2008.

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Europe markets steady after US dive

Europe markets steady after US dive

Europe’s panic-ridden stock markets held firm today despite another disastrous session on Wall Street.

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Asian stocks tumble after US rout

Asian stocks tumble after US rout

Asian stocks markets were thrown into a tailspin today as flustered investors fearing a possible global recession continued to flee stocks.

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US Stock market plummets

US Stock market plummets

US stocks plummeted at the close of business on the first trading day since Standard & Poor’s downgraded American debt.

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Europe markets hit by fresh turmoil

Europe markets hit by fresh turmoil

European markets piled up more losses today as emergency action to shore up Italy and Spain failed to prevent further turmoil.

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World stock markets still falling

World stock markets still falling

The slump in world markets continued today despite efforts by world leaders to calm the crisis.

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Asian markets sink on US downgrade

Asian markets sink on US downgrade

Asian stocks nosedived today as the first ever downgrade of the US government’s credit rating jolted global financial markets, reinforcing fears that the world economy is weakening.

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Geithner fury over US downgrade

Geithner fury over US downgrade

Treasury secretary Timothy Geithner said today credit rating agency Standard & Poor’s showed “terrible judgment” in lowering the US government’s AAA status.

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ECB set to intervene in markets

ECB set to intervene in markets

The European Central Bank has confirmed it will intervene in financial markets today in a significant move to ensure stability in the Eurozone.

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