What is the Projected Economic impact of the World Trade Cen

A detailed Summary of What is the Projected Economic impact of the World Trade Cen

The shock to financial markets from the devastating plane attacks in the United States could have huge repercussions for an already-fragile world economy. Stock markets around the world plunged and oil prices soared after two planes crashed into the World Trade Centre in New York and another plane slammed into the Pentagon in Washington DC. Nervous investors fled to the safe haven of government bonds as the uncertainty from the wave of what seemed like terrorist attacks spread around the world.

Not only the US economy, but also world economy cannot remain untouched from the drastic aftermaths of the attacks on WTC.

Insurance, airline operators, travel agents, and hotel groups have especially suffered by the economic turmoil stemming from 11 September's attacks, and have joined the ranks of technology, media and telecom firms in investors' bad books. Overall, the impact was dra

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Approximate Word count = 616
Approximate Pages = 2 (250 words per page double spaced)

Category: Miscellaneous

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