Languages
Page last updated at 20:25 GMT, Wednesday, 17 September 2008 21:25 UK

'Financial bubble has burst'

Advertisement
The US markets have fallen for a third day despite the news that the US Federal Reserve has agreed a rescue package for insurance company AIG.

Economist and United Nations special advisor Jeffrey Sachs says a ''serious recession'' in the US could be on the cards.

SEE ALSO

Story Tools

BBC iD

Sign in

BBC navigation

Copyright © 2018 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific