Sign up to The Irish Times Archive (1859 - 2008)My Account »
Mon 03 Mar 2003Global picture set to be gloomy
The global economic picture this week is expected to show weaker job numbers, waning confidence and falling industrial output as the war in Iraq weighs on business and consumer decisions.
The first quarter ends today, and has seen the pan-European share index drop 10 per cent, the London stock market by 5 per cent and Wall Street by 3 per cent. However, stock markets are off the lows touched before the war in Iraq started.
Choose a Subscription type - required
