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Old March 31st 09, 08:51 AM posted to sci.environment,sci.physics,alt.culture.alaska,sci.geo.meteorology
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Default Day x??*10^3 - The Sun Hibernates - World stocks take turn for worse

"March 31, 2009"
http://www.spaceweather.com/
"Daily Sun: 31 Mar 09 The sun is blank--no sunspot. Sunspot number: 0"
"Far side of the Sun: This holographic image reveals no sunspots on the far
side of the sun."
"Planetary K-index
Now: Kp= 0 quiet"

The face of the Sun is without blemish:
http://www.spaceweather.com/images20...diibaben sm20

Please visit:
http://blog.nj.com/southjersey_impac...SolarCycle.jpg

The right panel shows the face of the Sun as it looked on a good day during
the late Modern Warm Period. Sunspots are the apparent size of craters on
the moon. The left panel shows a Sun as it appears today. Please write to Al
Gore so that Al knows that the Sun is not living up to his religious
expectations. Al Gore is a divinity school dropout. George Carlin had a
better grasp of the true nature of God's creation, than does Al Gore.

Please visit:
http://www.co-intelligence.org/newsl...es/sun-etc.jpg
which shows the relative sizes of the Sun and planets. Compared to the Sun,
Jupiter is the size of a pea, earth is the size of a grain of sand.

World stocks take turn for worse
Stock markets have fallen worldwide amid worries over the depth of the
financial crisis and persistent problems in the US car industry.

In New York, the Dow Jones slid 3.3% to close down 254.16 points at
7,522.02.

General Motors plunged after President Barack Obama ordered the resignation
of boss Rick Wagoner and took a hard line on aid for the car industry.

Germany's Dax fell 5.1%, France's Cac 40 shed 4.3% and the UK's FTSE 100
declined 3.5%. Asian stocks also fell.

European markets were rattled after Spain was forced into its first bank
rescue.

France's main faller was Credit Agricole, down 13.3%, while in Germany, the
lead decliner was Commerzbank, which fell about 17%.

The falls come after a period of recent gains for most stock markets.

Car rescue

On Monday, the White House announced that it had given ailing car firms
Chrysler and GM strict deadlines to further restructure in order to have the
chance of receiving further bail-out funding from the government.

The US administration said plans presented by the two firms GM to date did
not merit further aid.

Chrysler has 30 days to come up with a new plan while GM has 60 days.

"Perhaps this is simply the reality as capitalism and, in turn, economic
growth, is reliant on companies failing as well as succeeding but equities
on both sides of the Atlantic have been under pressure throughout the
session as a result," said David Fineberg, chief dealer at CMC Markets.

They have already received $14.7bn in bail-outs.

Chrysler has requested a further $5bn while GM says it needs $16.7bn more.

GM shares were down 25% at $2.71. Chrysler is not publicly quoted.

Asia hit

Hong Kong's Hang Seng index fell 4.7% amid concerns about Asia's ability to
recover while the US remained weak.

Japan's benchmark Nikkei index fell 4.5% after data showed industrial
production slumped in February.

Fears that demand for new cars is still a long way from recovering have hit
car makers worldwide.

Nissan fell 7.7%, Honda shed 6.7% and Toyota fell 3.7%.

Finance shares were also hit, with KB Financial Group down 6.5% in Seoul and
Mitsubishi UFJ Finance down 8.8% in Tokyo.

Also adding to worries were comments from JP Morgan and Bank of America that
business conditions had worsened recently.

Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/h...ss/7971629.stm

Published: 2009/03/30 20:37:16 GMT



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