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Re: War but it's Business as usual: msg#00017politics.socialism.wsm.general
Some rich people will get richer in this conflict, capitalists always make profits, even more, they make profits from others capitalists On 8/3/06, alan johnstone <ajsc21755@xxxxxxxxxxxxxxxx> wrote: > > Lebanon's stock exchange restarted trading on Tuesday > > One of Beirut's main indexes, the BLOM, closed 4.1% lower at 1,230.22. > Trading hours were shortened and the exchange put a 5% limit on the amount a > share could rise or fall, in an effort to control volatility. Many shares > fell the maximum 5%, including property developer Solidere and Lebanon's > largest bank Blom. "Volumes are low," said one trader in Beirut. "There are > many offers in the market but no bids. It looks like we will see more > downward pressure this week." > Observers said that despite the concerns about the ongoing conflict, > investors would probably be lured back into the market if share prices fell > far enough. > > [ One person's misery is another's opportunity in capitalism , eh ? ] > > http://news.bbc.co.uk/1/hi/business/5234654.stm > > alan johnstone , edinburgh br > > [Non-text portions of this message have been removed] > > > [Non-text portions of this message have been removed] |
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