2013年4月16日星期二

How much does the Boston Marathon explosion affects global economy?



On 15 April afternoon ,US time,an explosion attacks Boston marathon.It is the largest terrorist attack after 911 in USA.This terrorist event occurs around 3 PM, local time,one hour before New York stock market close.
Affected by this, Europe and America financial market are hard hitted. U.S. stocks closed sharply lower on Monday, 3 major indexes fell more than 1.7%. The VIX index sharply rose 40%. Commodities such as gold and silver are bear raid. Gold prices steep falls 9.3% on Monday,which is the one-day drop in 30 years.
The United States as the world’s only economic, political and military superpower, U.S. stocks’s cold must cause turmoil in the world. Asian stock markets fell in early trading on the 16th. The 2 cities of Shanghai and Shenzhen in China are both low on April 17, 2013. The intraday market rebound, the two markets both meteoric rise, At the close, the stock index reported 2194.85 points, up 0.59%, Shenzhen Component Index closed at 8852.42 points, up 1.36%.

“9.11” terrorist attack has ever destroyed the economy all over the world
“9.11” terrorist attack is undoubtedly the biggest terrorist attack which affects global economy. It made the US stock market stopped 4 days which has never happened before. US President Barack Obama has ever said in the 9.11 memorial concert:” More than a decade ago, the United States has experienced the darkest day in the history.”
Stock market is a barometer of a country's national economy.9.11 terrorist attacks not only caused a huge blow to America's economy, it also caused serious influence on the rest of the world economy. Spooked investors Sell all kinds of stock, fear that there is so much pain in global stock markets.In fact, after 9.11 events, fall of stock markets in Europe, Japan, and South America is more larger than Wall Street stock market.
The United Nations has issued a report says:”3.11 terrorist attacks will make this year's world economic growth rate reduced by one percent,with a  loss of $350 billion.”


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