The European stocks crashed on Tuesday after Turkey shoot down a Russian plane near the border
with Syria and thus the worries about
geopolitical stability reached a critical point.
Vladirmir Putin said:
“Today’s loss was a stab in the back by the accomplices of terrorists. Our pilots and our aircraft never threatened the territory of Turkey. That much is obvious."
He accused Turkey of backing Isil and trying to drag Nato into the conflict alongside Islamist extremists.
“Today’s loss was a stab in the back by the accomplices of terrorists. Our pilots and our aircraft never threatened the territory of Turkey. That much is obvious."
He accused Turkey of backing Isil and trying to drag Nato into the conflict alongside Islamist extremists.
The German
business sentiment index
Ifo shows that in Germany indicated improvement before the
terrorist attacks of November 13. Ifo has increased from 108.2 to 109.0 in
October. Earlier in the day the government in Germany published data showing
that the gross domestic product for the third quarter decreased from 0.4 to 0.3
%.
US stocks closed Tuesday session at slightly higher levels
after oil prices jumped.
The shooting down of a Russian warplane by Turkey has raised questions about a possible energy crisis in the region.
The shooting down of a Russian warplane by Turkey has raised questions about a possible energy crisis in the region.
The
growth of both Dow industrials and S & P 500 was thanks to energy and raw
materials sector. Crude oil jumped by 2.7 %,
which led to a rise in shares of energy companies with 2.2%.
Earlier in the day all US indices were in red territory after mixed US economic data and increased international tension.
Earlier in the day all US indices were in red territory after mixed US economic data and increased international tension.
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