There's A Bunch Of Bad News Going On
Aug 28, 2014, 16:00 IST
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Good morning, there's a bunch of bad news!
Here's a really quick skim:
- Ukraine's Prime Minister says that Russian troops have officially invaded his country.
- There's more bad economic data out of Europe. Confidence is collapsing.
- Yields on European government debt continue to plunge.
- Markets are down across the board.
- There are new fears about a major volcanic eruption in Iceland.
- The World Health Organization says that there could be as many as 20,000 Ebola victims before the current.
- This one isn't really "bad" news, but a Member of Parliament David Cameron's conservative party in the UK has defected to anti-EU party UKIP, a shocking blow.
Of the stories, probably the biggest news is the Ukraine invasion. Read more about that here.